[Wells Fargo Raises Marvell Target Price to $310, Potential Upside of Nearly 31%] BlockBeats News, August 24, 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 still expected to continue rising. The chip manufacturer was given an 'Overweight' rating, and its target price was raised from $240 to $310, representing a potential upside of nearly 31% compared to last Friday's closing price. 'We believe Marvell is more like a chip company with an independent growth logic, and regardless of whether the overall chip industry is in a good or bad cycle, its performance may surpass the industry's overall growth rate.'