MRVL ▼ -1.4% - Marvell Technology, Inc. $MRVL TD Cowen analyst Sean O'Loughlin upgraded Marvell to Buy from Hold with a price target of $350, up from $245. The company's fundamental growth drivers have fully shifted to its "strong" connectivity franchise, the analyst tells investors in a research note. TD now believes Marvell's concentration risk associated with custom XPU programs has been largely de- risked. It believes an "aggressive but reasonable" forward outlook could generate over $30 in earnings per share within three years. 07-OCT-2026 05:40 AM ET