Stifel Maintains Buy on Credo Technology Group, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg has reaffirmed a Buy rating on Credo Technology Group (NASDAQ:CRDO) and increased the price target from $20 to $24.
November 30, 2023 | 7:52 pm
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Stifel analyst Tore Svanberg maintains a Buy rating on Credo Technology Group and raises the price target from $20 to $24, indicating a positive outlook on the stock.
The increase in price target by Stifel reflects a positive assessment of Credo Technology Group's prospects, likely leading to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100