Barclays analyst Tom O’Malley raised the firm’s price target on Astera Labs (ALAB) to $155 from $75 and keeps an Overweight rating on the shares. The company reported “another strong beat and raise” quarter with more contribution from Scorpio P-switch, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALAB: