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BofA Maintains Cautious Stance on Marvell Technology (MRVL), Cites Growth Challenges
Yahoo Finance· 2025-10-01 02:04
Marvell Technology Inc. (NASDAQ:MRVL) takes the second place in our list of worst-performing data center stocks in 2025, with a nearly 25% YTD decline. The overall consensus of analysts remains largely positive, but some analysts still hold a cautious stance. On September 25, Bank of America Securities’ Vivek Arya maintained a Hold rating on Marvell Technology (NASDAQ: MRVL) with a price target of $88. He pointed out that management’s upbeat commentary, coupled with an expanded stock buyback plan, has pro ...