Analysts Offer Insights on Technology Companies: Credo Technology Group Holding Ltd (CRDO) and Science Applications (SAIC)

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AI-Summary – News For Tomorrow

Analysts are actively evaluating technology stocks, with Credo Technology Group Holding Ltd (CRDO) receiving positive attention. Craig-Hallum’s Richard Shannon reaffirmed a “Buy” rating on CRDO, citing a potential 19.7% upside based on the consensus price target. KGI Securities also upgraded CRDO to “Buy” with a higher price target. In contrast, Science Applications (SAIC) maintains a “Hold” rating from William Blair’s Louie DiPalma, with its stock price near its 52-week low. The overall analyst consensus for SAIC is also “Hold,” suggesting less optimism compared to the “Strong Buy” consensus for CRDO.

News summary provided by Gemini AI.



Analysts have been eager to weigh in on the Technology sector with new ratings on Credo Technology Group Holding Ltd (CRDO – Research Report) and Science Applications (SAIC – Research Report).

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Credo Technology Group Holding Ltd (CRDO)

Craig-Hallum analyst Richard Shannon maintained a Buy rating on Credo Technology Group Holding Ltd today. The company’s shares closed last Thursday at $180.11.

According to TipRanks.com, Shannon is a top 100 analyst with an average return of 41.3% and a 49.2% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lightpath Technologies, and Navitas Semiconductor. ;’>

Currently, the analyst consensus on Credo Technology Group Holding Ltd is a Strong Buy with an average price target of $223.89, representing a 19.7% upside. In a report issued on December 2, KGI Securities also upgraded the stock to Buy with a $230.00 price target.

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Science Applications (SAIC)

William Blair analyst Louie DiPalma reiterated a Hold rating on Science Applications today. The company’s shares closed last Thursday at $103.63, close to its 52-week low of $94.68.

According to TipRanks.com, DiPalma is a 1-star analyst with an average return of -2.6% and a 52.9% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Caci International, and Motorola Solutions. ;’>

The word on The Street in general, suggests a Hold analyst consensus rating for Science Applications with a $110.67 average price target.

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