[Wells Fargo Upgrades Marvell to 'Overweight' Rating, Raises Price Target from $240 to $310] Odaily Planet Daily News – Wells Fargo stated that Marvell Technology (MRVL.O) has performed strongly this year, and as the company prepares to release its latest quarterly earnings report, its stock price is expected to continue rising. The investment bank has given the chip manufacturer an 'Overweight' rating and raised its price target from $240 to $310, indicating nearly 31% upside potential compared to last Friday's closing price. 'We view Marvell as more of a chip company with an independent growth logic, capable of outperforming the overall industry growth rate regardless of whether the chip sector is in a good or bad cycle,' Wells Fargo analyst Aaron Rakers wrote in a report to clients. (Jin10)