Marvell Technology Group Ltd. MRVL announced this week it plans on acquiring rival chipmaker Cavium Inc CAVM for $40 per share in cash plus 2.1757 Marvell shares for each Cavium share. The Analyst Jefferies' Mark Lipacis upgraded Marvell's stock rating from Hold to Buy with a price target boosted from $18.50 to $27. The Thesis Marvell's proposed acquisition of Cavium should be viewed positively by investors, as it would combine two highly complementary product portfolios in the storage, networking and processing markets, Lipacis said in the upgrade note. Little overlap exists between the respective customer bases, which will likely result in revenue synergies and higher sales force productivity, the analyst said. SourceThere is probably no more room for upside. The price will go down soon. $MRVL, Marvell Technology, Inc. / D Same here. $CAVM, Cavium, Inc. / D