Tech Stocks Receive Mixed Analyst Opinions
Analysts have weighed in on several technology stocks, including Astera Labs, Inc. (ALAB), Monolithic Power (MPWR), and Apple (AAPL). Tore Svanberg from Stifel Nicolaus maintained a Buy rating for ALAB with a price target of $460.00.
Astera Labs has an analyst consensus of Moderate Buy, with a price target consensus of $317.50, representing a 12.5% upside from current levels. Barclays also maintains a Buy rating on the stock with a $325.00 price target.
In contrast, Monolithic Power (MPWR) received a Strong Buy rating from analysts, with an average price target of $1834.91 and a 42.1% upside potential. William Stein from Truist Financial reiterated his Buy rating for MPWR with a price target of $1889.00.
However, Apple (AAPL) did not fare as well in the analyst opinions. Laura Martin from Needham maintained a Hold rating on AAPL, citing its current price near the consensus target of $333.37, representing just a 0.1% upside.