Morgan Stanley raised its price target on Marvell stock to $80 today. Another analyst forecast the company’s revenue could double in two years. Marvell stock looks expensive at 47x FCF.
Why Marvell Stock Popped Today
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Morgan Stanley raised its price target on Marvell stock to $80 today. Another analyst forecast the company’s revenue could double in two years. Marvell stock looks expensive at 47x FCF.