Marvell stock in focus after RBC starts coverage with Outperform, $105 target
RBC Capital Markets initiated coverage of Marvell Technology, Inc. with an Outperform rating and a $105 price target on Wednesday, putting a fresh Wall Street stamp on a stock that has struggled to find a clean direction. Shares ended the regular session down 2.2% at $81.21, after trading as low as $79.28.