🟢 ALAB is trading 4% up today after Stifel raised its price target to $460

ALAB is trading 4% up at $416.00 after a bullish analyst call from Stifel raised its price target to $460 and reiterated a Buy rating.

• The stock continues its recovery following a sharp tech-driven pullback on June 23 and a subsequent rebound on June 24.
• Gains are supported by a stronger NASDAQ and renewed optimism for AI and semiconductor names in pre-market trading.