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Credo Technology Gains as Evercore Launches Coverage with $325 Price Target
InvestorsHub44d agoneutral
Credo Technology Gains as Evercore Launches Coverage with $325 Price Target

Credo Technology Group (NASDAQ:CRDO) shares rose 3. 5% on Monday after Evercore ISI initiated coverage of the semiconductor company with an Outperform rating and a $325 price target, highlighting what it sees as substantial upside from expanding opportunities in AI networking infrastructure.