JMP Securities Upgrades Marvell Technology To Market Perform

Analysts at JMP Securities upgraded Marvell Technology Group

from Market Underperform to Market Perform and removed the target price of $11. Marvell Technology shares have gained 11.96% over the past 52 weeks, while the S&P 500 index has surged 17.13% in the same period. Marvell Technology's shares fell 1.33% to close at $13.39 yesterday.