TD Cowen analyst Sean O’Loughlin raised the firm’s price target on Credo Technology (CRDO) to $240 from $190 and keeps a Buy rating on the shares. The firm said the company posted strong results and stronger guide and likely cleared even the highest of buyside bars coming into the print. The massive January quarter guidance has rest expectations even higher while noting the next leg of growth to come will be from delivering in new Connectivity markets.
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