🟢 ALAB is trading 4.1% up today after Stifel raises price target, rebounding from tech selloff

ALAB is trading at $416.25 (4.1% up) in after-hours, as Stifel maintained its 'Buy' rating and significantly raised its price target from $260 to $460 on June 24, 2026.

• This recovery follows a sharp decline on June 23, 2026, amid a broader tech-led market selloff and volatility surrounding its recent Nasdaq-100 inclusion.
• Long-term optimism for AI data-center connectivity demand continues to buoy sentiment, positioning ALAB as a key player in the sector.