Susquehanna raised the firm’s price target on Credo Technology (CRDO) to $165 from $115 and keeps a Positive rating on the shares. The firm said Credo once again posted significantly better results and guidance as AECs continued to ramp. Indeed, three hyperscaler customers each represented greater than 10% of revenue during the quarter, with two additional hyperscalers set to ramp in FY26.
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Read More on CRDO:
- Credo Technology price target raised to $155 from $135 at Mizuho
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