Marvell Technology Inc (NASDAQ:MRVL) Sees Potential Upside Amid Market Challenges
Frank Lee from HSBC sets a price target of $85 for MRVL, indicating potential growth.Despite a recent 5% decline, MRVL shows resilience, trading slightly below the target price but above April lows.Historical data suggests MRVL could rise, with an average increase of 7.7% one month after similar market conditions.Marvell Technology Inc (NASDAQ:MRVL) is a key player in the semiconductor industry, providing essential components for data infrastructure. The company competes with giants like Nvidia and Intel, m ...