Credo Technology stock surged to an all-time high on Monday, leading semiconductor stocks into record high territory.

Evercore ISI initiates coverage on Credo Technology with an Outperform rating and $325 price target, citing 157% revenue growth driven by AI infrastructure

Credo Technology (CRDO) stock hits new 52-week highs after Stifel and Evercore issue bullish price targets up to $350.