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Analysts Offer Insights on Technology Companies: Intuit (INTU) and Marvell (MRVL)

Tipranks - Wed Feb 25, 6:13AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intuit (INTUResearch Report) and Marvell (MRVLResearch Report).

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Intuit (INTU)

Wells Fargo analyst Michael Turrin maintained a Hold rating on Intuit today and set a price target of $425.00. The company’s shares closed last Monday at $359.55.

According to TipRanks.com, Turrin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.6% and a 42.3% success rate. Turrin covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, Clearwater Analytics Holdings, and ServiceTitan, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $716.92 average price target, implying a 91.2% upside from current levels. In a report issued on February 10, TipRanks – Anthropic also downgraded the stock to Hold with a $481.00 price target.

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Marvell (MRVL)

In a report released today, Aaron Rakers from Wells Fargo reiterated a Buy rating on Marvell, with a price target of $135.00. The company’s shares closed last Monday at $77.79.

According to TipRanks.com, Rakers is a top 100 analyst with an average return of 36.6% and a 67.8% success rate. Rakers covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Advanced Micro Devices, and Keysight Technologies. ;'>

Marvell has an analyst consensus of Strong Buy, with a price target consensus of $120.16, which is a 53.3% upside from current levels. In a report issued on February 10, Deutsche Bank also maintained a Buy rating on the stock with a $120.00 price target.

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