Mizuho Maintains Buy on Credo Technology Group, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $16 to $18.

June 01, 2023 | 10:53 am
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Mizuho analyst raises Credo Technology Group's (NASDAQ:CRDO) price target from $16 to $18, maintaining a Buy rating.
The news of Mizuho analyst Vijay Rakesh maintaining a Buy rating on Credo Technology Group and raising the price target from $16 to $18 is positive for the company's stock. This indicates that the analyst has a positive outlook on the company's performance and potential growth, which could lead to an increase in demand for the stock and a short-term positive impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100