Goldman Sachs Maintains Buy on Credo Technology Group, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raised the price target from $26 to $31.
September 06, 2024 | 4:24 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Credo Technology Group and increased the price target from $26 to $31, indicating a positive outlook.
The increase in price target from $26 to $31 by a reputable firm like Goldman Sachs suggests confidence in Credo Technology Group's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100