Credo Technology: Wall Street grows bullish post Q2 beat
Shares of Credo Technology (CRDO) are surging following a strong fiscal second quarter earnings report, with Wall Street's enthusiasm for the stock gaining significant momentum. Wells Fargo double-upgraded the stock from Underperform to Buy, citing sustained growth through the second half of 2025, primarily driven by escalating AI demand. Additionally, firms including Stifel, Barclays, Bank of America, and TD Cowen, have also raised their price targets, signaling robust confidence in the company's potential. Wealth! Anchors Seana Smith and Brad Smith dive into the details of the growing optimism surrounding this name. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith