Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Technology Names: GoDaddy (GDDY) and Credo Technology Group Holding Ltd (CRDO)

Tipranks - Tue Mar 24, 6:31AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on GoDaddy (GDDY) and Credo Technology Group Holding Ltd (CRDO).

Claim 30% Off TipRanks Premium

GoDaddy (GDDY)

In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on GoDaddy. The company’s shares closed last Friday at $84.89.

According to TipRanks.com, Bhatia ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.1% and a 38.8% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and Klaviyo, Inc. Class A. ;'>

GoDaddy has an analyst consensus of Moderate Buy, with a price target consensus of $119.62.

See today’s best-performing stocks on TipRanks >>

Credo Technology Group Holding Ltd (CRDO)

In a report released today, Michael Genovese from Rosenblatt Securities maintained a Hold rating on Credo Technology Group Holding Ltd, with a price target of $125.00. The company’s shares closed last Friday at $103.40.

According to TipRanks.com, Genovese is a 5-star analyst with an average return of 33.6% and a 56.4% success rate. Genovese covers the Technology sector, focusing on stocks such as Applied Optoelectronics, Ribbon Communications, and Lumentum Holdings. ;'>

Currently, the analyst consensus on Credo Technology Group Holding Ltd is a Strong Buy with an average price target of $191.92, representing an 82.5% upside. In a report issued on March 10, TipRanks – xAI also reiterated a Hold rating on the stock with a $126.00 price target.

Read More on GDDY:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.