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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Read More on ALAB:
- Astera Labs price target lowered to $100 from $150 at Stifel
- Astera Labs downgraded at Northland after 300% advance since IPO
- Astera Labs downgraded to Market Perform from Outperform at Northland
- Astera Labs price target raised to $142 from $94 at Morgan Stanley
- Astera Labs price target raised to $130 from $105 at Roth MKM