bulls."With a solid history of execution and through the expansion of its product portfolio targeting high margin, high growth cloud/5G/automotive infrastructure markets, Marvell now targets one of the highest long-term revenue growth rates among large capitalization companies in the semiconductor industry," said Bolton.will achieve more than 30% organic revenue growth in CY22 and around 20% of that in CY23, on the back of new design wins for its 5nm platform.
The analyst also expects non-GAAP gross margin to reach 40% by the end of FY24. Needless to say, Bolton reiterated his buy rating on the stock, with a price target of $66. The analyst is ranked No. 3 among 8,000 analysts on TipRanks' database, and he has a 67% success rate on his ratings. Moreover, each of his ratings has generated average returns of 41.4%.
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Analysts say these 'uniquely positioned' stocks are firing on all cylindersAnalysts said this week that these are among the best-positioned stocks on Wall Street. I'm JESUS CHRIST 'Michael Archangel'the Vengeance and every kind of payment belong to me!There will be so much famine that you will eat the flesh of your children,and each one will eat the flesh of his neighbor.I am the angel of death,the son of God.When I act who will stop me? URGENT watch this! JOE BIDEN come get me!!
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