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Astera Labs price target raised to $150 from $100 at Stifel

Stifel raised the firm’s price target on Astera Labs (ALAB) to $150 from $100 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists Astera Labs as one of the most attractive stocks in its coverage due to being a key AI infrastructure beneficiary, the analyst tells investors.

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