MRVL ▼ -7.6% - Marvell Technology, Inc. $MRVL Oppenheimer raised the firm's price target on Marvell to $325 from $300 and keeps an Outperform rating on the shares. The firm notes the company reported upside Q2 results and Q3 outlook Thursday, led by DCAI. Management again raised 2026 top-line outlook. Marvell Technology shares declined 7.6% despite Oppenheimer raising its price target to $325 from $300 and maintaining an Outperform rating, following the company's better-than-expected Q2 results and Q3 guidance. The analyst highlighted strength in the company's data center AI segment and noted that management once again increased its 2026 revenue outlook. The sell-off suggests investors may have already priced in these positive developments or are taking profits after the stock's recent run-up. 28-AUG-2026 08:19 AM ET