Craig-Hallum Maintains Buy on Credo Technology Group, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $30 to $38.
September 05, 2024 | 4:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Craig-Hallum has reiterated its Buy rating for Credo Technology Group and increased the price target from $30 to $38, indicating a positive outlook.
The increase in the price target from $30 to $38 by Craig-Hallum suggests a strong positive outlook for Credo Technology Group. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100