RBC Capital initiated coverage of Astera Labs (ALAB) with an Outperform rating and $225 price target The firm thinks concerns around Ethernet and NVLink Fusion are overdone. Astera’s UALink opportunity is significant even if multiple scale-up technologies are adopted, the analyst tells investors in a research note. RBC says the company is also positioned to benefit from H200 sales to China in the short term.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALAB:
- BofA Identifies 6 Behind-the-Scenes AI Stocks for 2026
- Morgan Stanley Picks NVDA, AVGO, and ALAB as Top Chip Stocks for 2026
- Nvidia Stock Forecast: Why Top Analysts Say NVDA Could Jump 50% in 2026
- Morgan Stanley Reveals Its Top Chip Stocks for 2026
- Astera Labs price target lowered to $170 from $210 at BofA