GeneralNeutralBlockonomi · 4h ago6/10
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Marvell (MRVL) Stock Slides After Strong Q1 Results and Raised Guidance
Marvell Technology (MRVL) stock declined 2.6% in premarket trading despite delivering strong Q1 earnings that beat revenue estimates and issuing raised forward guidance. Goldman Sachs responded by upgrading the company's price target to $180, highlighting analyst confidence despite the immediate market pullback.