🟢 MRVL is trading 4.3% up today as Evercore ISI raises price target on AI momentum

MRVL is trading 4.3% up at $183.90 today, extending its recent rally after Evercore ISI raised its price target on the stock, citing accelerating AI momentum.

• Evercore ISI hiked its price target to $155.00 from $133.00 while maintaining an Outperform rating, highlighting strength in the data center and AI segments.
• Broader Nasdaq futures are also trading higher, providing a supportive backdrop for semiconductor and AI-related names in pre-market trading.