The Latest Breaking News from Needham

Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…

Needham has upgraded Masimo Corp (NASDAQ: MASI) to Buy from Hold with a $205 price target

Analysts mostly raised their price targets on Twilio Inc (NYSE:TWLO) post Q4 beat and continue to see sharp upside to the stock. Macquarie maintained Twilio with an Outperform and raised the price target from $281 to $306 (51.5% upside). KeyBanc analyst Steve Enders raised the firm's price target on Twilio to $320 from $283 (58.4% upside) and kept…

Enphase Energy, Inc. (NASDAQ: ENPH) shares were making gains Wednesday after the solar technology company reported strong quarterly results and issued upbeat guidance.

Analyst opinions remain divided over Paycom Software Inc (NYSE:PAYC) post Q4 results. Piper Sandler analyst Arvind Ramnani raised the price target on Paycom to $505 from $498 (40% upside) and reiterated an Overweight.  Paycom's Q4 results "were robust all-around" as revenue came in well above expectations driven by a healthy demand environment, Ramnani says. Stifel analyst Brad…

Coinbase Global, Inc.'s (NASDAQ: COIN) fourth-quarter results may have benefited from strong retail trading volume, according to an analyst at Needham.

Tesla Inc (NASDAQ: TSLA) reported Wednesday with strong quarterly results, but the stock has not budged and is trading steep

Needham cut Medtronic plc (NYSE: MDT) price target from $131 to $128. Medtronic shares fell 0.7% to $103.44 in pre-market trading.