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Credo Technology price target raised to $80 from $75 at Stifel

Stifel analyst Tore Svanberg raised the firm’s price target on Credo Technology (CRDO) to $80 from $75 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists Credo as one of the most attractive stocks in its coverage due to being a key AI infrastructure beneficiary, the analyst tells investors.

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