Marvell stock on watch: Jefferies sticks with $120 target as traders line up Tuesday’s reopen
NEW YORK, Jan 18, 2026, 18:42 EST — The market has closed. Shares of Marvell Technology, Inc. (MRVL.O) are set to resume trading Tuesday following Jefferies’ decision to maintain a buy rating and a $120 price target on the chipmaker, a Futu News report says. The stock ended Friday at $80.46, edging up 0.1%. (Futu News) The timing is crucial as the tape has been volatile even without fresh company updates. U.S. stocks closed nearly flat on Friday after a jittery session, while the Philadelphia SE Semiconductor index climbed 1.2%, Reuters reported. Markets will remain closed Monday in observance of