Roth MKM initiated coverage of Astera Labs with a Buy rating and $85 price target. Astera’s wired connectivity products enable advanced data center arterial intelligence architectures, the analyst tells investors in a research note. The firm believes the company is a highly differentiated AI infrastructure interconnect vendor with a strong competitive position across AI server opportunities.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALAB: