Barclays Maintains Overweight on Credo Technology Group, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Thomas O'Malley maintains an Overweight rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $23 to $30.
May 30, 2024 | 7:10 pm
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Barclays analyst Thomas O'Malley maintains an Overweight rating on Credo Technology Group and raises the price target from $23 to $30.
The raised price target from $23 to $30 by a reputable analyst at Barclays is a positive signal for investors, indicating confidence in the company's future performance. This is likely to result in a short-term price increase for CRDO.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100