Astera Labs shares are trading higher after Northland Capital Markets initiated coverage on the stock with an Outperform rating and a price target of $85.
Portfolio Pulse from Benzinga Newsdesk
Astera Labs' stock price increased following Northland Capital Markets initiating coverage with an Outperform rating and a price target of $85.
March 25, 2024 | 1:25 pm
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POSITIVE IMPACT
Astera Labs' shares experienced a positive movement after receiving an Outperform rating and a price target of $85 from Northland Capital Markets.
The initiation of coverage by Northland Capital Markets with a favorable Outperform rating and a high price target of $85 directly impacts investor sentiment and market perception of Astera Labs, likely leading to increased buying activity and a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100