In a report released on May 28, Srini Pajjuri from RBC Capital maintained a Buy rating on Marvell, with a price target of $240.00. The company’s...

Marvell Technology, Inc. (NASDAQ: MRVL) will release Q1 earnings on May 27. Analysts expect 79 cents per share, up from 62 cents last year. Stock rose 6.1% on Tuesday.

Marvell Technology shares jumped 3.76% in pre-market trading ahead of quarterly earnings amid continued optimism.