Marvell Technology Stock Has 19% Upside, According to 1 Wall Street Analyst

Investors are growing increasingly bullish on Marvell Technology's (MRVL -11.36%) prospects. The stock has climbed 98% over the last year and 39% year to date. Even with that big price jump, Rosenblatt analyst Hans Mosesmann reiterated a buy rating on the stock earlier this week with a near-term price target of $100. Hitting that target implies a 19% price jump over the next 12 months.Demand for Marvell's semiconductor solutions tied to artificial intelligence (AI) is taking off. As a result, analysts expec ...