JMP Securities Upgrades Marvell Technology To Market Perform - Marvell Tech (NASDAQ:MRVL)

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Analysts at JMP Securities upgraded Marvell Technology Group (NASDAQ: MRVL) 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.

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