Does Marvell (MRVL) Have the Potential to Rally 28.26% as Wall Street Analysts Expect?
Marvell Technology (MRVL) closed the last trading session at $89.43, gaining 2.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $114.7 indicates a 28.3% upside potential.The mean estimate comprises 33 short-term price targets with a standard deviation of $22.86. While the lowest estimate of $58.20 indicates a 34.9% decline from the current price level, the most optimistic analyst ...