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

Rating:
Buy MRVL
down 25.81 %

Marvell Technology Group, Ltd. (MRVL) rated Buy with price target $18 by Auriga

Posted on: Wednesday,  Jun 8, 2011  8:25 AM ET by Auriga

Auriga rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 06/08/2011, when the stock price was $14.99. Since
then, Marvell Technology Group, Ltd. has lost 25.82% as of 10/28/2015's recent price of $11.12.
If you would have followed this Auriga's recommendation on MRVL, you would have lost 25.81% of your investment in 1603 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.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/8/2011 8:25 AM Buy
None
14.99 18.00
as of 12/30/2011
1 Week down  -2.05 %
1 Month down  -1.91 %
3 Months down  -4.61 %
1 YTD down  -7.60 %

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