Bank of America is moving to the sidelines on Marvell Technology . The bank downgraded the semiconductor stock to neutral from buy on Friday and lowered its price target to $78 per share from $90. The firm's forecast implies just 1% upside from Thursday's close. Analyst Vivek Arya noted that the firm has lost some confidence on Marvell's growth runway following second-quarter results that were in line with expectations. Marvell also issued weaker-than-expected guidance for the current quarter. MRVL YTD mountain Marvell Technology stock in 2025. "Unlike prior calls, we did not hear the same level of confidence/visibility about MRVL's AI growth prospects in the near/medium term," he said. "At this point we sense incrementally higher uncertainty around both: 1) the timing of MRVL's new (Micro

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