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0 -0.000730405267510875 0.0010848666473324 0.0010848666473324 0.000558545204567162 0.00078411153718087 0.00044039141129332 0.0010848666473324
Stock impact report

5-star analyst revamps Marvell stock price target [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
The company's major source of revenue is data centers, and in Q4, 74% of revenues came from that market. The rest of the revenue comes from end markets classified by the company as "communications" and "other." Unsurprisingly, the key driver of the stock is artificial intelligence. Marvell's most important products are its custom AI accelerators, XPUs, and data center interconnect (DCI) modules The company reported its Q4 earnings on March 5. The stock closed 18.35% higher at $89.57 on the next day, according to Yahoo Finance The earnings were strong, and Goldman Sachs reset its Marvell price target The stock is up about 95% year to date, at the time of writing, Thursday morning, April 23, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index ( SPY ) is up about 4% in the same period. The stock has outpaced the S&P 500, thanks to several key business deals and a rumor. Key news for Marvell stock On March 31, Nvidia and Marvell entered into a strategic partnershi Show less Read more
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