Benzinga Bulls and Bears: Nvidia, CrowdStrike, Intuit
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
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Oppenheimer Maintains Outperform on Marvell Technology, Raises Price Target to $325
Oppenheimer analyst Rick Schafer maintains Marvell Technology (NASDAQ:MRVL) with a Outperform and raises the price target from $300 to $325.
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Stock Market Today, Aug. 28: Marvell Slides 10% on Softer Fiscal 2028 Guidance and Google Deal Timing
Marvell Technology stock fell 10.28% despite beating Q2 earnings estimates with 37% sales growth and 50% EPS growth. The decline was driven by investor disappointment over softer fiscal 2028 guidance and lack of details on the Google partnership deal. The stock trades at a lofty 53x forward earnings valuation, and analysts expect more clarity at the company's October Investor Day.
Read original at the-motley-foolWarsh Sparks Rate-Hike Bets, Nvidia Reaffirms AI Growth Story: This Week on Wall Street
Kevin Warsh reignites rate-hike bets, Nvidia posts its best day since April, and CrowdStrike prints the biggest gain in its history.
Read original at benzingaMarvell Technology shares are trading lower after the company's Q2 financial results. The company's FY28 guidance may have been below investor expectations.
Read original at benzinga