Needham Reiterates Buy on Astera Labs, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on Astera Labs (NASDAQ:ALAB) and maintained a price target of $65.
October 09, 2024 | 9:51 am
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Needham analyst Quinn Bolton has reiterated a Buy rating on Astera Labs and maintained a $65 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $65 price target by a reputable analyst suggests a positive outlook for Astera Labs. This could lead to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100