Needham Maintains Buy on Credo Technology Group, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $24 to $26.
February 28, 2024 | 1:37 pm
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Needham analyst Quinn Bolton reaffirms a Buy rating on Credo Technology Group and increases the price target from $24 to $26.
The upgrade in the price target by a reputable analyst like Quinn Bolton suggests a positive outlook on CRDO's financial health and future performance. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100