Credo Technology price target raised to $135 from $112 at Mizuho

Mizuho analyst Vijay Rakesh raised the firm’s price target on Credo Technology (CRDO) to $135 from $112 and keeps an Outperform rating on the shares. The firm increased estimates in the global artificial intelligence server group to reflect significant ramps from the leading hyperscalers. It sees Rubin as a tailwind into the second half of 2026.

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