Credo Technology Crumbled By 15% Over 3 Months But Has 80% Gains In Store According to Two Wall Street Firms

Credo Technology Crumbled By 15% Over 3 Months But Has 80% Gains In Store According to Two Wall Street Firms

Credo Technology just delivered triple-digit revenue growth and a beat-and-raise quarter, yet the stock has cratered while two major Wall Street firms argue the selloff has created one of the most compelling gaps between price and target in the AI infrastructure space.

Credo Technology Stock Jumps 8% as AI Connectivity Names Rebound and Rosenblatt Reaffirms Its $235 Target

Credo Technology shares rose more than 8% as AI infrastructure stocks recovered, supported by renewed spending optimism, strong financial results and a bullish analyst price target.