B of A Securities Maintains Underperform on Credo Technology Group, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains an Underperform rating on Credo Technology Group (NASDAQ:CRDO) but raises the price target from $25 to $27.

September 05, 2024 | 4:23 pm
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B of A Securities has maintained an Underperform rating on Credo Technology Group, but increased the price target from $25 to $27, indicating a slightly more positive outlook.
The Underperform rating suggests a negative outlook, but the raised price target indicates a slightly improved view on the stock's potential. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100