Credo Technology Group shares are trading higher after the company reported better-than-expected Q4 revenue results and issued Q1 revenue guidance above estimates. Multiple analyst raised their price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Credo Technology Group reported better-than-expected Q4 revenue results and issued Q1 revenue guidance above estimates, leading to multiple analysts raising their price targets on the stock.
June 01, 2023 | 4:54 pm
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Credo Technology Group's strong Q4 revenue results and positive Q1 guidance led to multiple analysts raising their price targets on the stock.
Credo Technology Group reported better-than-expected Q4 revenue results and issued Q1 revenue guidance above estimates. This positive financial performance has led multiple analysts to raise their price targets on the stock, indicating a bullish outlook for the company in the short term.
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IMPORTANCE 90
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