Analysts Weigh In on CrowdStrike, Apple, and Credo Tech
CrowdStrike Holdings (CRWD), Apple (AAPL), and Credo Technology Group Holding Ltd (CRDO) have caught the attention of analysts, who have been weighing in with new ratings on these technology companies.
Citi analyst Fatima Boolani maintained a Buy rating on CrowdStrike Holdings yesterday, setting a price target of $260.00. The company's shares closed last Tuesday at $215.07, which is close to its 52-week low of $200.81. According to TipRanks.com, Boolani has a 5-star analyst rating with an average return of 22.0% and a 66.1% success rate.
The word on The Street suggests a Strong Buy consensus rating for CrowdStrike Holdings, with a $238.04 average price target implying a 4.4% upside from current levels. In a report issued on August 27, TipRanks, Anthropic also upgraded the stock to Buy with a $209.00 price target.
Citi analyst Asiya Merchant maintained a Buy rating on Apple yesterday, setting a price target of $365.00. The company's shares closed last Tuesday at $325.13. According to TipRanks.com, Merchant has a top 25 analyst rating with an average return of 104.7% and a 73.4% success rate.
Apple has an analyst consensus of Moderate Buy, with a price target consensus of $337.55, which is a 6.5% upside from current levels. In a report issued on August 17, Rothschild & Co Redburn also upgraded the stock to Buy with a $400.00 price target.
Michael Genovese from Rosenblatt Securities maintained a Hold rating on Credo Technology Group Holding Ltd today, with a price target of $235.00. The company's shares closed last Tuesday at $206.63. According to TipRanks.com, Genovese has a 5-star analyst rating with an average return of 37.9% and a 51.9% success rate.