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Enter Symbol:
 
Marvell Technology Group, Ltd. (MRVL) [hlAlert]

Rating:
Outperform
MRVL
up 37.96 %

Marvell Technology Group, Ltd. (MRVL) rated Outperform with price target $14 by FBR Capital Markets

Posted on: Thursday,  May 21, 2009  8:25 AM ET by FBR Capital Markets

FBR Capital Markets rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 05/21/2009. Previously FBR Capital Markets rated Outperform Marvell Technology Group, Ltd. (NASDAQ:
MRVL) on 03/06/2009., when the stock price was $8.06. Since then, Marvell Technology Group, Ltd. has gained 37.97% as of 10/28/2015's recent price of $11.12.
If you would have followed the previous FBR Capital Markets's recommendation on MRVL, you would have gained 37.96% of your investment in 2427 days.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.

FBR Capital Markets research group uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2009 8:25 AM Buy
None
11.09 14.00
as of 12/31/2009
1 Week down  -2.90 %
1 Month up  30.22 %
3 Months up  24.02 %
1 YTD up  81.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 8:25 AM Buy
None
8.06 11.00

(*) Stock Price at the time of the recommendation.
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