🟢 CRDO is trading 5.1% up today after bullish analyst price target hikes and coverage initiation

CRDO is trading at $282.62 (+5.07%) in pre-market after extending a strong after-hours move driven by a Stifel price target raise and an Evercore ISI initiation.

• Stifel raised its price target to $350 from $250, while Evercore ISI initiated coverage with an Outperform rating.
• The stock is set to open at a new all-time high on significantly elevated pre-market volume.