Marvell (MRVL) Stock Faces $115 Billion Acquisition Test

TLDR Marvell stock received a $264.74 price target, suggesting 34.8% upside from its October 30 closing price of $196.40. Marvell’s $115 billion acquisition of Lumentum raised investor concerns over the purchase price and shareholder dilution. Marvell reported fiscal second-quarter revenue of $2.739 billion, representing 37% annual growth. The company expects fiscal 2028 revenue of approximately [...]

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