Marvell (MRVL.US) Investor Day unveils a five-year roadmap “above Wall Street expectations”: Goldman Sachs isn’t buying it and chooses to maintain a “neutral” rating.
智通财经2026/10/07 08:41Show original
According to Jinse Finance, on October 6th Eastern Time, Marvell Technology (MRVL.US) held its Investor Day in New York, where management presented long-term goals "above Wall Street consensus." However, Goldman Sachs stated that most of the optimism has already been priced in, raising its target price from $220 to $270 while maintaining a "Neutral" rating.
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According to Zhitong Finance APP, on October 6, Eastern Time, Marvell Technology (MRVL.US) held an investor day in New York, where management announced long-term targets "above Wall Street consensus expectations." However, Goldman Sachs stated that the valuation has already priced in most of the optimism. The firm raised its target price from $220 to $270, while maintaining a "Neutral" rating.
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