Analysts Are Bullish on These Technology Stocks: Credo Technology Group Holding Ltd (CRDO), Hewlett Packard Enterprise (HPE)
Publish Date: 2026-06-03 05:46:00
Source Domain: www.theglobeandmail.com
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 Hewlett Packard Enterprise (HPE) with bullish sentiments.
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Credo Technology Group Holding Ltd (CRDO)
In a report released today, Vivek Arya from Bank of America Securities reiterated a Buy rating on Credo Technology Group Holding Ltd, with a price target of $252.00. The company’s shares closed last Monday at $226.10.
According to TipRanks.com, Arya is a top 100 analyst with an average return of 29.3% and a 63.8% success rate. Arya 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 $241.08, representing a 0.4% upside. In a report issued on May 28, Stifel Nicolaus also maintained a Buy rating on the stock with a $250.00 price target.
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Hewlett Packard Enterprise (HPE)
Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Hewlett Packard Enterprise today and set a price target of $80.00. The company’s shares closed last Monday at $47.00.
According to TipRanks.com, Mohan is a top 100 analyst with an average return of 50.0% and a 65.8% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, DigitalOcean Holdings, and Dell Technologies. ;’
Currently, the analyst consensus on Hewlett Packard Enterprise is a Moderate Buy with an average price target of $36.70, a -16.9% downside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.
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