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Piper Sandler initiated coverage on Marvell (MRVL) with a $270 price target, driving its stock up by 5%.
Piper Sandler analyst David O'Connor initiated coverage on Marvell Technology (NASDAQ:MRVL) with a $270 price target, citing the company's expanding role in AI data centers and custom computing. Boosted by this news, Marvell's stock rose 5% to $237.69 during Friday's trading. Over the same period, Broadcom (NASDAQ:AVGO) shares gained 1% to $364.83, and NVIDIA (NASDAQ:NVDA) stock was flat, up 0.4% to $219.26.
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Source：Yahoo财经 · Source Link
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