Needham Maintains Buy on Credo Technology Group, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has maintained a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raised the price target from $29 to $33.
September 05, 2024 | 10:45 am
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Needham analyst Quinn Bolton has reiterated a Buy rating for Credo Technology Group and increased the price target from $29 to $33, indicating confidence in the company's future performance.
The increase in the price target from $29 to $33 by a reputable analyst suggests a positive outlook for Credo Technology Group's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100