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JMP Securities upgraded Marvell Technology Group (MRVL) to market perform from market underperform on Wednesday, citing the chipmaker’s ability to tap the 4G LTE mobile market and Xbox sales in China. Marvell stock was up about 3% in early afternoon trading on the stock market today, near 13.80. JMP Securities analyst Alex Gauna told IBD Wednesday that three key factors prompted the upgrade. “First and foremost, JMP Securities is noticing that 4G Scalper1 News
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