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

Rating:
Hold MRVL

Marvell Technology Group, Ltd. (MRVL) rated Hold with price target $11 by Jefferies & Co

Posted on: Wednesday,  May 27, 2009  9:25 AM ET by Jefferies & Co

Marvell Technology Group, Ltd. (MRVL)
rated Hold with price target $11 by Jefferies & Co.

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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/27/2009 9:25 AM Hold
None
11.79 11.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 8:25 AM Hold
None
8.06 8.00
3/5/2009 8:25 AM Hold
None
7.60 5.50
11/4/2008 9:25 AM Hold
None
7.13 7.00
8/26/2008 8:25 AM Hold
None
15.00 15.00

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