TipRanks(@TipRanks):🔽Marvell $MRVL downgraded to Hold from Buy at TD Cowen TD Cowen analyst Sean O'Loughlin downgraded Marvell to Hold from Buy with a price target of $175, down from $350. The firm sees "material headwinds" for the stock following the company's acquisition of Lumentum. TD believes the deal is likely to be earnings dilutive in its initial year and has concerns on the cyclical timing of the deal. The strategic rationale "makes some sense, but we don't think the stock is likely to 'work' near- or medium-term," contends the firm.

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2026.11.03 09:56

🔽Marvell $MRVL downgraded to Hold from Buy at TD Cowen TD Cowen analyst Sean O'Loughlin downgraded Marvell to Hold from Buy with a price target of $175, down from $350. The firm sees "material headwinds" for the stock following the company's acquisition of Lumentum. TD believes the deal is likely to be earnings dilutive in its initial year and has concerns on the cyclical timing of the deal. The strategic rationale "makes some sense, but we don't think the stock is likely to 'work' near- or medium-term," contends the firm.