Zacks Investment Research downgraded shares of MARVELL TECH GP (MRVL) from NEUTRAL to UNDERPERFORM on May 22, 2012, with a target price of $12.60.
Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on MARVELL TECH GP (MRVL),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment