CRDO is trading at $250.48 (5.7% down) as investors lock in profits following a sharp multi-session rally that pushed shares above consensus analyst price targets.
- The recent strength was fueled by record fiscal Q4 results and multiple bullish analyst upgrades that drove the stock to fresh all-time highs.
- The current pullback represents a recalibration as the market digests elevated expectations and positioning around the $260–$265 Street target range.