FBR Capital Upgrades Marvell Technology Group To Outperform

FBR Capital upgraded

from Market Perform to Outperform. The price target for Marvell Technology Group has been raised from $19.00 to $21.00. Marvell Technology Group shares have gained 5.13% over the past 52 weeks, while the S&P 500 index has surged 12.30% in the same period. Marvell Technology Group's shares dropped 0.49% to $16.32 in pre-market trading.