Stifel Maintains Buy on Credo Technology Group, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Credo Technology Group (NASDAQ:CRDO) and raises the price target from $40 to $42.
October 09, 2024 | 12:17 pm
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Stifel analyst Tore Svanberg has reiterated a Buy rating for Credo Technology Group and increased the price target from $40 to $42, indicating confidence in the company's future performance.
The increase in price target from $40 to $42 by Stifel suggests a positive outlook for Credo Technology Group, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
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IMPORTANCE 80
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