Credo Technology stock jumps on Needham “Top Pick” call as CEO sale filing hits tape
Credo Technology shares rose 6.2% to $150.42 Friday after Needham reaffirmed its buy rating and $220 target, adding the stock to its conviction list. CEO William Brennan sold nearly 20,000 shares earlier in the week for about $2.7 million, according to SEC filings. Investors are watching his Jan. 14 conference appearance for updates on product demand.