Astera Labs price target raised to $155 from $75 at Barclays

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.

Claim 55% Off TipRanks