Evercore ISI Group Initiates Coverage On Astera Labs with Outperform Rating, Announces Price Target of $100
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Lipacis initiates coverage on Astera Labs (NASDAQ:ALAB) with an Outperform rating and a price target of $100.
April 16, 2024 | 9:24 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Astera Labs receives an Outperform rating from Evercore ISI Group with a price target of $100.
The initiation of coverage by a reputable analyst firm like Evercore ISI Group with an Outperform rating and a high price target usually signals strong confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100