CRDO Surpasses Analyst Average Price Target

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Shares of Credo Technology Group Holding Ltd (CRDO) recently traded at $71.92, surpassing the average 12-month analyst target price of $67.11. There are nine different analyst targets contributing to this average, ranging from a low of $50 to a high of $80, with a standard deviation of $11.461.

The current analyst ratings include eight “strong buy” and one “buy” rating, with an average rating of 1.11 on a scale where 1 is “strong buy” and 5 is “strong sell.” This indicates strong support for the stock despite differing individual target prices.

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