Mizuho analyst Vijay Rakesh raised the firm’s price target on Credo Technology (CRDO) to $225 from $165 and keeps an Outperform rating on the shares. The firm upped estimates well above consensus following the better than expected earnings report.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRDO:
- Credo Technology Group’s Strong Performance and Growth Potential Justifies Buy Rating
- Credo Technology price target raised to $250 from $170 at Roth Capital
- Credo Technology price target raised to $240 from $165 at BofA
- Credo Technology price target raised to $220 from $165 at Barclays
- Credo Technology Reports Record Revenue Growth
