Credo Technology Crumbled By 15% Over 3 Months But Has 80% Gains In Store According to Two Wall Street Firms
Credo Technology reported triple-digit revenue growth and a beat-and-raise quarter, while its stock fell 15% over three months. Two Wall Street firms said the selloff has widened the gap between the share price and their targets.
Why it matters — CRDO watchers may note the contrast between the company’s recent results and the stock’s decline, alongside the firms’ target assessments.