Bank of America Adjusts Marvell Price Target After Record Q1 Revenue
Marvell reported $2.418 billion in Q1 revenue, up 28% YoY, prompting Bank of America to revise its stock price target. Marvell (MRVL) shares closed at $204.03 on May 28, rising 3.09% after reporting record Q1 fiscal 2027 revenue of $2.418 billion, a 28% year-over-year incr