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Analysts Offer Insights on NA Companies: Arcadium Lithium Plc (ALTM), Astera Labs, Inc. (ALAB) and Reddit Inc Class A (RDDT)

There’s a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Arcadium Lithium Plc (ALTMResearch Report), Astera Labs, Inc. (ALABResearch Report) and Reddit Inc Class A (RDDTResearch Report) with bullish sentiments.

Arcadium Lithium Plc (ALTM)

In a report released today, Chris Kapsch from Loop Capital Markets maintained a Buy rating on Arcadium Lithium Plc, with a price target of $9.00. The company’s shares closed last Tuesday at $4.74.

According to TipRanks.com, Kapsch is a 5-star analyst with an average return of 10.4% and a 63.2% success rate. Kapsch covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Sociedad Quimica Y Minera SA, and American Vanguard.

Arcadium Lithium Plc has an analyst consensus of Moderate Buy, with a price target consensus of $7.66, which is a 61.3% upside from current levels. In a report issued on May 3, Argus Research also initiated coverage with a Buy rating on the stock with a $6.25 price target.

See today’s best-performing stocks on TipRanks >>

Astera Labs, Inc. (ALAB)

Needham analyst Quinn Bolton maintained a Buy rating on Astera Labs, Inc. today and set a price target of $85.00. The company’s shares closed last Tuesday at $76.19.

According to TipRanks.com, Bolton is a top 100 analyst with an average return of 26.6% and a 62.9% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Lattice Semiconductor.

Astera Labs, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $85.22, a 12.3% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $95.00 price target.

Reddit Inc Class A (RDDT)

Loop Capital Markets analyst Alan Gould reiterated a Buy rating on Reddit Inc Class A today and set a price target of $60.00. The company’s shares closed last Tuesday at $49.40.

According to TipRanks.com, Gould is a 4-star analyst with an average return of 4.8% and a 51.7% success rate. Gould covers the NA sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Spotify Technology SA.

Reddit Inc Class A has an analyst consensus of Moderate Buy, with a price target consensus of $55.87, which is a 17.1% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $63.00 price target.

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