Wall Street Raises Price Targets for Credo Technology Despite Investor Concern
Credo Technology (CRDO) reported strong financial results with triple-digit revenue growth and raised fiscal 2027 projections. Analysts from major firms increased their price targets, but the stock fell post-earnings as investors worry about whether expectations are rising too quickly.
Tickers: $CRDO
Topics: AI infrastructure Credo Technology (CRDO) semiconductors Wall Street analysis