Roth Capital analyst Suji Desilva raised the firm’s price target on Credo Technology (CRDO) to $95 from $80 and keeps a Buy rating on the shares. The firm believes investor confidence is growing in Credo’s diversifying customer ramp opportunities. Roth’s confidence in the company’s overall AI infrastructure growth opportunity in 2025 has increased, with the company’s customers needing to support increasingly larger AI models, the analyst tells investors in a research note.
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