Astera Labs stock jumps on RBC call as traders size up the next catalyst
NEW YORK, Jan 16, 2026, 3:44 PM ET — Regular session Astera Labs shares jumped 4.8% to $182.80 in afternoon trading Friday following RBC Capital Markets’ debut coverage. The chip connectivity specialist received an Outperform rating and a $225 price target from RBC. The firm highlighted expected gains from retimer demand and the scaling up of the company’s Scorpio switches…