Marvell Stock Is Falling. Analysts Are Cutting Price Targets.

Semiconductor maker

Marvell


Technology was falling in early Friday trading after analysts lowered price targets on the stock.

Shares were down 8.6% in premarket trading to $42.24.

Piper Sandler


lowered its price target for the shares to $50 from $55. KeyBanc changed its price target to $60 from $65. Both maintained an Overweight rating on the stock.

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