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

Rating:
Hold MRVL

Marvell Technology Group, Ltd. (MRVL) rated Hold with price target $21 by Roth Capital

Posted on: Tuesday,  Mar 2, 2010  9:25 AM ET by Roth Capital

Roth Capital rated Hold Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 03/02/2010. Previously Roth Capital rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL)
on 09/11/2009., when the stock price was $16.58. Since then, Marvell Technology Group, Ltd. has lost 14.60% as of 10/28/2009's recent price of $14.16.
If you would have followed the previous Roth Capital's recommendation on MRVL, you would have lost 14.59% of your investment in 47 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.

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2010 9:25 AM Hold
None
20.64 21.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2009 8:25 AM Hold
None
18.00 20.00
10/28/2009 8:25 AM Hold
None
14.16 15.00
9/11/2009 8:25 AM Buy
None
16.58 22.00
5/27/2009 8:25 AM Hold
None
11.79 11.00

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