Marvell Could See AI Revenue Double By 2028 Thanks To New Tech Deal: Analysts

Marvell Technology Inc. (NASDAQ:MRVL) shares traded higher on Wednesday after the company reported strong third-quarter earnings.MRVL stock is racing ahead of the pack. Check the market position here.Wall Street analysts raised their price forecasts on the stock after the upbeat results.Rosenblatt analyst Kevin Cassidy maintained Marvell with a Buy and raised the price forecast from $95 to $120.Benchmark analyst Cody Acree reiterated a Buy rating for Marvell and raised the price forecast from $95 to $130.JP ...