Reported 1 day ago
Stifel analyst Tore Svanberg has maintained a Buy rating on Astera Labs (ALAB), setting a price target of $174.00, due to the company's strong positioning to navigate potential supply chain issues, especially in collaboration with Taiwan Semiconductor Manufacturing Company (TSMC). The early investment by TSMC has enabled Astera Labs to secure manufacturing capacity, contributing to its growth despite prevalent industry shortages.
Source: YAHOO