Why Astera Labs Stock Rocketed Higher Today
When analysts wax bullishly about stocks, investors often sit up and take notice. That dynamic is playing out clearly today with Astera Labs (NASDAQ: ALAB), a specialist in artificial intelligence (AI) infrastructure. With an analyst starting coverage on the AI stock and setting an auspicious price target, investors are finding sufficient reason to click the buy button.
As of 12:20 a.m. ET, shares of Astera Labs are up 4.3%, retreating from their earlier rise of 13.2%.
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Source Fool.com
