Craig-Hallum Initiates Coverage On Astera Labs with Buy Rating, Announces Price Target of $90
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon initiates coverage on Astera Labs (NASDAQ:ALAB) with a Buy rating and a price target of $90.
April 15, 2024 | 1:22 pm
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POSITIVE IMPACT
Astera Labs receives a Buy rating and a $90 price target from Craig-Hallum.
The initiation of coverage by Craig-Hallum with a Buy rating and a high price target suggests a positive outlook for Astera Labs' stock. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100