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analysts raise target prices for astera labs amid mixed ratings
Astera Labs has received mixed ratings from analysts, with target prices ranging from $105 to $140. Notably, Craig Hallum raised its target to $125, while Morgan Stanley lowered it to $114. The stock has a market cap of $9.86 billion and reported a loss of $0.10 EPS, missing estimates. Insider sales have also been significant, with CEO Jitendra Mohan selling over 350,000 shares recently.
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