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Analysts Have Conflicting Sentiments on These Technology Companies: Check Point (CHKP) and Marvell (MRVL)

Tipranks - Tue Apr 14, 8:42AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Check Point (CHKP) and Marvell (MRVL).

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Check Point (CHKP)

In a report released today, Ittai Kidron from Oppenheimer maintained a Hold rating on Check Point. The company’s shares closed last Monday at $136.70.

According to TipRanks.com, Kidron is a 4-star analyst with an average return of 3.4% and a 48.6% success rate. Kidron covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Progress Software. ;'>

Currently, the analyst consensus on Check Point is a Moderate Buy with an average price target of $194.39, implying a 43.8% upside from current levels. In a report released today, Barclays also assigned a Hold rating to the stock with a price target.

See the top stocks recommended by analysts >>

Marvell (MRVL)

In a report released today, Craig Ellis from B. Riley Securities maintained a Buy rating on Marvell, with a price target of $156.00. The company’s shares closed last Monday at $130.06.

According to TipRanks.com, Ellis is a top 100 analyst with an average return of 30.9% and a 56.0% success rate. Ellis covers the Technology sector, focusing on stocks such as GCT Semiconductor Holding, Axcelis Technologies, and indie Semiconductor. ;'>

Marvell has an analyst consensus of Strong Buy, with a price target consensus of $123.46, representing a -3.9% downside. In a report issued on March 31, Oppenheimer also maintained a Buy rating on the stock.

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