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Marvell price target raised to $95 from $85 at B. Riley

B. Riley raised the firm’s price target on Marvell to $95 from $85 and keeps a Buy rating on the shares ahead of the earnings report on March 7. The firm believes its at-Street and midpoint of $1.42B estimate is achievable and tells investors in a research note that the firm expects an upbeat AI growth tone.

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