Needham Initiates Coverage On Astera Labs with Buy Rating, Announces Price Target of $85
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton initiates coverage on Astera Labs (NASDAQ:ALAB) with a Buy rating and sets a price target of $85.
April 15, 2024 | 10:28 am
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Needham initiated coverage on Astera Labs with a Buy rating and a price target of $85.
The initiation of coverage by Needham with a Buy rating and a high price target typically signals strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100