Analysts Bullish on Marvell Technology (MRVL) – Hyperscaler Cloud Demand

by Anika Shah - Technology
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Analysts Bullish on Marvell Technology (MRVL) as Hyperscalers Drive Cloud Demand

Marvell Technology, Inc. (NASDAQ:MRVL) is considered one of the best 5G stocks to buy now. On August 25, Oppenheimer’s Rick Schafer reaffirmed his Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL), setting a price target of $95 before the company’s earnings release. Schafer believes Marvell is well-positioned within the tech industry adn anticipates the company will exceed expectations. He previously highlighted Marvell as a top pick in the data center space.

Analysts Bullish on Marvell Technology (MRVL) as Hyperscalers Cloud Demand
Analysts Bullish on Marvell Technology (MRVL) as Hyperscalers Cloud Demand

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