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

Rating:
Outperform
MRVL
down 26.11 %

Marvell Technology Group, Ltd. (MRVL) rated Outperform by BMO Capital Markets

Posted on: Friday,  Nov 20, 2009  8:25 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 11/20/2009, when the stock price was $15.05.
Since then, Marvell Technology Group, Ltd. has lost 26.11% as of 10/28/2015's recent price of $11.12.
If you would have followed this BMO Capital Markets's recommendation on MRVL, you would have lost 26.11% of your investment in 2168 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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2009 8:25 AM Buy
None
15.05
as of 12/31/2009
1 Week down  -2.90 %
1 Month up  30.22 %
3 Months up  33.42 %
1 YTD up  33.42 %

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