$Marvell Technology(MRVL)$ Stifel raised its price target on Marvell to $350 from $321, maintaining a Buy rating. Last quarter, the firm highlighted analog players as poised for a potential breakout in 2026, and that thesis has now been validated with Astera Labs, Credo Technology, and Marvell all posting beat-and-raise quarters in Q1, according to the analyst's note. The firm continues to view episodic weakness in AI-levered names as a buying opportunity for long-term investors focused on clear technological innovators, the analyst added.
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