Marvell Technology Group (NASDAQ:MRVL) was upgraded by Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a research note issued on Monday, AnalystRatings.Net reports. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock opened at $15.50 in last trading session, and closed at $15.67, trading in the range of $15.50 – $15.70. The stock showed a positive weekly performance of 3.71%.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares closed at $18.04 on last trade day, by gaining 0.06%. Stock 52 week range is $15.70 – $20.30. Company’s market capitalization is $93.55 billion.
Bank of America restated their buy rating on shares of Skyworks Solutions (NASDAQ:SWKS) in a report released on Monday, AR Network reports. Bank of America currently has a $0.11 price objective on the stock, down from their previous price objective of $35.00. Skyworks Solutions Inc (NASDAQ:SWKS) stock advanced 1.52% and finished the last session at $36.75. The EPS of the stock remained 1.60. Company’s market capitalization is $6.94 billion.
National Instruments announced that it is the first vendor to execute a Manufacturing Test License (MTL) agreement with Broadcom Corporation (NASDAQ:BRCM). The MTL agreement authorizes NI to provide manufacturing test solutions and modifiable application source code to Broadcom(R) wireless LAN and Bluetooth device customers. Broadcom Corporation (NASDAQ:BRCM) stock opened at $30.02 in last trading session and closed at $30.12. The 52 week range of the stock is $23.25 – $37.85 and the day range was $30.00 – $30.32.
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