TD Cowen Upgrades Credo Technology Group to Buy, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has upgraded Credo Technology Group (NASDAQ:CRDO) from Hold to Buy and raised the price target from $24 to $35, according to analyst Matt Ramsay.
June 25, 2024 | 9:35 am
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POSITIVE IMPACT
TD Cowen has upgraded Credo Technology Group from Hold to Buy and increased the price target from $24 to $35, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $24 to $35 by TD Cowen suggests strong confidence in Credo Technology Group's future performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100