Marvell Technology Inc (MRVL) Experiences Bullish Trading: Technical Score, Industry Rankings and Analyst Insights

Marvell Technology Inc (MRVL) Increases by 1.96%

Marvell Technology Inc (MRVL) experienced an increase of 1.96% in its stock price during pre-market trading on Wednesday morning, bringing the price to $69.6. The short-term technical score for MRVL is 67, indicating that the stock has been trading more bullishly than 67% of other stocks in the market over the past month. In the Semiconductors industry, which is ranked 85 out of 146 industries, MRVL is ranked higher than 74% of stocks.

Over the past month, Marvell Technology Inc has seen a 1.01% increase, closing at $67.54 on February 28. The stock’s price during this time period has ranged from $65.06 to $85.76. Analysts have given MRVL an average recommendation of Strong Buy, with an average price target of $87.78. With an Overall Score of 50, MRVL’s performance and ranking can be better understood by further information available about the company and its rankings within various industries and sectors in which it operates.

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