$Marvell Technology(MRVL)$ Piper Sandler analyst David O'Connor started coverage of Marvell with an Overweight rating and a $270 price target. The firm is generally bullish on compute names, and within XPU compute it prefers Nvidia along with Broadcom and Marvell, describing all three as long-term winners. The analyst also calls Marvell the leader in custom attach and points to the company's upcoming analyst day.
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