UBS Raises Marvell (MRVL) Price Target to $110, Citing Strong Optics and Microsoft ASIC Wins

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the AI Stocks on the Market’s Radar. On November 24, UBS raised its price target on the stock to $110 from $105 while maintaining a “Buy” rating. The firm maintains a bullish near-term view on Marvell and sees upside coming from its optics business and Microsoft-related ASIC wins. The […]