Astera Labs, Inc. (NASDAQ:ALAB) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, H.C. Wainwright analyst Gus Richard raised the price target on the stock to $195.00 (from$175.00) and reiterated a “Buy” rating. The firm is optimistic on the stock as it sees ALAB poised for growth amid accelerating AI infrastructure trends. According to Richard, Astera Labs is “well-positioned as the interconnect vendor of choice and rapidly growing its opportunity per rack”. Besides stronger growth per ...