Marvell Technology Chip REVENUE Not Enough and Schlumberger Set to Outperform in Stock Insights
June 28, 2012
Schlumberger Limited (NYSE:SLB): The shares have an Outperform rating and a $91 price target.
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Marvell Technology Group Ltd. (NASDAQ:MRVL): According to Benchmark Co., Marvell’s HDD chip revenue may have a tough time topping FY13 consensus expectations following Hutchinson Technology’s (NASDAQ:HTCH) negative preannouncement yesterday. The firm keeps a Hold rating but reduces the price target to $13 for Marvell shares.
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