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Marvell Slipped Over The Last Month and Then Crashed Massively on the Lumentum Announcement: This Wall Street Desk Doubled Down on Its 130% Gains Prediction

Source: 247wallst.com

Artificial IntelligenceAnalyst InsightsMarket Technicals & Flows
Marvell Slipped Over The Last Month and Then Crashed Massively on the Lumentum Announcement: This Wall Street Desk Doubled Down on Its 130% Gains Prediction

Marvell shares fell nearly 37% over a month, substantially underperforming AI-chip rivals. Despite the decline, one Wall Street desk reaffirmed a price target implying triple-digit upside; the article does not identify the desk or give the target price.

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