Business & Economy · 29 views
Credo (CRDO) Has Nearly 38% Upside to Rosenblatt’s Target—What’s Holding It Back?
On September 2, Michael Genovese from Rosenblatt Securities reiterated his Neutral rating for Credo Technology Group Holding Ltd (NASDAQ: CRDO ).
Source excerpt retained from 2026-10-11.
Summary
On September 2, Michael Genovese from Rosenblatt Securities reiterated his Neutral rating for Credo Technology Group Holding Ltd (NASDAQ: CRDO ). The analyst increased his price target for the stock from $215 to $235, which implies upside potential of almost 38% as of September 4 closing. Genovese's upward adjustment in price target in based on the company's recently announced Q1 FY27 results, leading him to increase his projections for FY27 and FY28.
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