Marvell Technology Group Ltd (NASDAQ:MRVL) was upgraded byZacks from a “neutral” rating to an “outperform” rating in a research note issued on Tuesday, Analyst Ratings.Net reports. The firm currently has a $17.10 target price on the stock. Zacks‘s price target would indicate a potential upside of 8.16% from the stock’s previous close. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares after opening at $15.77 moved to $15.99 on last trade day and at the end of the day closed at $15.88. Company price to sales ratio in past twelve months was calculated as 2.35 and price to cash ratio as 4.06. Marvell Technology Group Ltd. (NASDAQ:MRVL) showed a positive weekly performance of 1.73%.
NVIDIA Corporation (NASDAQ:NVDA) will host a conference call on Thursday, May 8, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2015, ending April 27, 2014. NVIDIA Corporation (NASDAQ:NVDA) shares moved down -2.75% in last trading session and was closed at $18.73 while trading in range of $18.69 – $19.40 year to date (YTD) performance is 17.43%.
ARM Holdings plc (ADR) (NASDAQ:ARMH) announces the availability of version 6 of the ARM Compiler, the reference code generation tool chain for the ARM® architecture. ARM Compiler 6 adopts the Clang and LLVM open source compiler framework, channeling contributions from the whole ARM Partnership to improve code quality, performance and power efficiency of software on ARM processors. ARM Holdings plc (ADR) (NASDAQ:ARMH) weekly performance is -4.08%. On last trading day company shares ended up $47.71. ARM Holdings plc (ADR) (NASDAQ:ARMH) distance from 50-day simple moving average (SMA50) is -2.44%. Analysts mean target price for the company is $53.35.
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