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Stock impact report

Here's What You Need to Know About Astera Labs (ALAB) [Yahoo! Finance]

Astera Labs, Inc. (ALAB) 
Company Research Source: Yahoo! Finance
rating on the stock and lowered the price target from $210 to $170. Earlier, on December 9, H.C. Wainwright also lowered the firm's price target from $195 to $175, and maintained a Buy rating on Astera Labs, Inc. (NASDAQ:ALAB). Arya of BofA noted that the reduced price target reflects the firm's updated pricing model of the US semiconductor sector. The firm sees 2026 as the midpoint of an 8 to 10-year AI cycle. The analyst added that they expect some companies in this sector to remain choppy due to increased investor scrutiny over return on investment. However, the firm believes that this will be offset by companies that build large language models and AI factories. Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process. On the other hand, H.C. Wainwright likes Astera Labs, Inc.'s (NASDAQ:ALAB) strong positioning in the AI infrastructure connecti Show less Read more
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