Shares of Marvell Technology Inc (NASDAQ:MRVL) declined by 9.35% to $77.13 at the time of publication on Friday. Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating, while raising the price target from $80 to $85. Goldman Sachs analyst Toshiya Hari maintained a Buy rating. The results reflect an AI-led upside and the company excited the year with a more than $200 million run-rate.