Goldman Sachs Maintains Buy on Credo Technology Group, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $23 to $26.
February 29, 2024 | 2:55 pm
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Goldman Sachs maintains a Buy rating on Credo Technology Group and increases the price target from $23 to $26.
The upgrade in price target by a reputable analyst like Toshiya Hari from Goldman Sachs typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100