Raymond James Upgrades Lumentum to Strong Buy Following Marvell Acquisition Agreement
Raymond James analyst Simon Leopold upgraded Lumentum to Strong Buy, citing the company's acquisition by Marvell and strong operating momentum.
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Marvel shares may rebound after plunging on its Lumentum acquisition, as oversold conditions and $170 support could trigger buying.
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Raymond James analyst Simon Leopold upgraded Lumentum to Strong Buy, citing the company's acquisition by Marvell and strong operating momentum.
Marvell Technology (MRVL) rebounds after a sharp tech rout as investors return to oversold AI chip stocks. Read technicals and analysis.
Marvell Technology, Inc. has scheduled a conference call to discuss its financial results for the third quarter of fiscal year 2027.
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Several major financial institutions updated their ratings and price targets for Marvell Technology on November 4, 2026, with targets ranging from $180 to $425.