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Astera Labs Soars: Barclays Raises Price Target to $135

1/18/2025

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Summary

Story summary

Astera Labs is on the rise! Barclays has boosted its price target from $87 to an impressive $135, suggesting a promising 2.11% upside. With analysts labeling it a "Moderate Buy" and a consensus target of $109.75, the company also celebrated a remarkable 47.1% revenue surge, hitting $113.1 million last quarter.

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Story summary

Astera Labs is on the rise! Barclays has boosted its price target from $87 to an impressive $135, suggesting a promising 2.11% upside. With analysts labeling it a "Moderate Buy" and a consensus target of $109.75, the company also celebrated a remarkable 47.1% revenue surge, hitting $113.1 million last quarter.