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Analysts Offer Insights on Technology Companies: Credo Technology Group Holding Ltd (CRDO) and Rubrik, Inc. Class A (RBRK)

Tipranks - Tipranks - Thu Apr 16, 4:06AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Credo Technology Group Holding Ltd (CRDO) and Rubrik, Inc. Class A (RBRK) with bullish sentiments.

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Credo Technology Group Holding Ltd (CRDO)

Barclays analyst Thomas O’Malley maintained a Buy rating on Credo Technology Group Holding Ltd today and set a price target of $260.00. The company’s shares closed last Tuesday at $159.52.

According to TipRanks.com, O’Malley is a top 100 analyst with an average return of 33.5% and a 62.6% success rate. O’Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and ARM Holdings PLC ADR. ;'>

Credo Technology Group Holding Ltd has an analyst consensus of Strong Buy, with a price target consensus of $190.23, a 23.3% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $135.00 price target.

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Rubrik, Inc. Class A (RBRK)

KeyBanc analyst Eric Heath maintained a Buy rating on Rubrik, Inc. Class A today and set a price target of $70.00. The company’s shares closed last Tuesday at $48.03.

According to TipRanks.com, Heath is a 4-star analyst with an average return of 5.2% and a 49.2% success rate. Heath covers the Technology sector, focusing on stocks such as CommVault Systems, Netskope, Inc., and Check Point. ;'>

Currently, the analyst consensus on Rubrik, Inc. Class A is a Strong Buy with an average price target of $86.25.

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