Stifel Maintains Buy on Credo Technology Group, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Credo Technology Group and raises the price target from $36 to $40.
September 03, 2024 | 12:43 pm
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Stifel analyst Tore Svanberg has reiterated a Buy rating for Credo Technology Group and increased the price target from $36 to $40, indicating a positive outlook for the stock.
The increase in price target from $36 to $40 by Stifel suggests a positive outlook for Credo Technology Group. The Buy rating indicates confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100