Zacks cut shares of Marvell Technology Group (NASDAQ:MRVL) from an outperform rating to a neutral rating in a research report sent to investors on Thursday morning, AnalystRatingsNetwork.com reports. The firm currently has $17.10 price target on the stock. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock opened at $15.32 in last trading session, and closed at $15.32, trading in the range of $15.06 – $15.40. The stock showed a positive weekly performance of 2.82%.
Texas Instruments (NYSE:TXN) has been given an average rating of “Hold” by the thirty-three ratings firms that are presently covering the company, American Banking News.com reports. Four analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $39.52. Texas Instruments Incorporated (NASDAQ:TXN) shares closed at $43.86 on last trade day, by gaining 0.27%. Stock 52 week range is $32.19 – $44.82. Company’s market capitalization is $47.49 billion.
Few companies have benefited more from the explosion of the wireless market and the increasing sophistication of cellphones than QUALCOMM, Inc. (NASDAQ:QCOM). The San Diego semiconductor and telecommunications company is the world’s leading designer and seller of chips used in smartphones and tablets. It also generates billions of dollars of revenue by licensing its massive portfolio of wireless technology patents to manufacturers. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $76.01 in last trading session and closed at $76.28. The 52 week range of the stock is $59.02 – $76.75 and the day range was $75.82 – $76.42.
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