Deep Dive Into Credo Technology Group Stock: Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Over the past three months, 5 analysts have evaluated Credo Technology Group (NASDAQ:CRDO) with varying opinions. The average 12-month price target has increased to $29.2, with a high of $35.00 and a low of $22.00. Recent ratings show a trend towards more bullish sentiments.
June 25, 2024 | 7:00 pm
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Credo Technology Group (NASDAQ:CRDO) has received a mix of bullish and somewhat bullish ratings from analysts over the past three months. The average 12-month price target has increased to $29.2, indicating positive sentiment. Recent ratings include upgrades from TD Cowen, Barclays, B of A Securities, Needham, and Craig-Hallum.
The increase in the average 12-month price target to $29.2, along with multiple upgrades from major analyst firms, suggests a positive short-term impact on CRDO's stock price. The bullish sentiment from analysts is likely to drive investor confidence and buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100