Shares of Marvell Technology Inc (NASDAQ:MRVL) fell in early trading on Thursday, despite the company’s upbeat first-quarter report.

Here are the key analyst insights:

Rosenblatt Securities analyst Kevin Cassidy reiterated a Buy rating, while raising the price target from $190 to $240.

BofA Securities analyst Vivek Arya maintained a Buy rating, and raised the price target from $200 to $240.

KeyBanc Capital Markets analyst John Vinh reaffirmed an Overweight rating, while taking the price target higher from $130 to $260.