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Marvell Technology Adds $5 Billion To Share Buyback Plan, Strong Growth Outlook For Datacenter, AI

Shares of Marvell Technology Inc. (NASDAQ: MRVL) came under pressure in early trading on Thursday, despite the company announcing a big share buyback authorization.Here are some key analyst takeaways from the JPMorgan Fireside Chat with Marvell Technology's CEO on Wednesday:BofA Securities analyst Vivek Arya maintained a Neutral rating, while raising the price target from 78to78 to 88.JPMorgan analyst Harlan Sur maintained an Overweight rating and a price target of $120.Check out other analyst stock ratings.B ...