TD Cowen raised the firm’s price target on Credo Technology (CRDO) to $85 from $50 and keeps a Buy rating on the shares. The firm said they reported a very strong set of results and guidance with customer diversification improving meaningfully during the quarter.
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Read More on CRDO:
- Credo Technology price target raised to $90 from $60 at Susquehanna
- Credo Technology price target raised to $80 from $69 at Stifel
- Strong Growth Prospects and Strategic Wins Drive Buy Rating for Credo Technology Group
- Credo Technology price target raised to $85 from $70 at Barclays
- Credo Technology Group Reports Strong Fiscal 2025 Results
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