Marvell Technology (NASDAQ:MRVL) Downgraded by Wall Street Zen to "Hold"

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Wall Street Zen downgraded Marvell Technology (NASDAQ:MRVL) from “buy” to “hold” despite an overall “Moderate Buy” consensus and an average target price of $117.24 from other analysts. While the company slightly beat recent earnings estimates and raised Q1 2027 EPS guidance, valuation concerns may limit near-term upside as it trades around $87.86. Marvell is strategically advancing its AI data-center roadmap, which supports multi-quarter growth prospects.

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