Stifel analyst Tore Svanberg raised the firm’s price target on Credo Technology (CRDO) to $80 from $69 and keeps a Buy rating on the shares following what the firm describes as an “impressive Beat & Raise” quarterly report. Following the report, Stifel calls Credo an “AI/DC connectivity leader” with multiple key differentiators.
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Read More on CRDO:
- Strong Growth Prospects and Strategic Wins Drive Buy Rating for Credo Technology Group
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