Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Moody's Upgraded Rating on Marvell Technology, Inc. (MRVL), Here's Why [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
?The rating firm noted that Marvell Technology, Inc. (NASDAQ:MRVL) has built a portfolio of technologies that enable accelerated computing and high-speed networking in data centers. The firm added that the upgrade to Baa2 is based on the expectations that the company's credit profile will continue to improve, driven by improved profitability. Moreover, Moody's also expects the company to grow its revenue by more than 20% and reach $10 billion by fiscal 2027. This demand is expected to be driven by a demand recovery in carrier infrastructure and enterprise networking segments. That said, on December 10, Stifel had reiterated a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a $114 price target. The firm noted the company to be one of the only vendors offering a comprehensive and vertically integrated stack for modern AI systems. Stifel believes that the company's portfolio positions it uniquely as it provides end-to-end connectivity solutions that span every layer of data- Show less Read more
Impact Snapshot
Event Time:
MRVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MRVL alerts
Opt-in for
MRVL alerts

from News Quantified
Opt-in for
MRVL alerts

from News Quantified