JP Morgan Maintains Overweight on Astera Labs, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur maintains an Overweight rating on Astera Labs (NASDAQ:ALAB) but lowers the price target from $95 to $70.
August 07, 2024 | 5:58 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan analyst Harlan Sur maintains an Overweight rating on Astera Labs (NASDAQ:ALAB) but lowers the price target from $95 to $70.
The lowered price target from $95 to $70 suggests a less optimistic outlook for Astera Labs, which could negatively impact short-term stock price despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100