UBS raised the firm’s price target on Allegro MicroSystems (ALGM) to $40 from $38 and keeps a Buy rating on the shares.
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Read More on ALGM:
- Allegro MicroSystems price target raised to $35 from $30 at Barclays
- Allegro MicroSystems Reports Strong Q2 2026 Growth
- Strong Performance and Growth Potential Drive Buy Rating for Allegro MicroSystems
- Allegro MicroSystems: Strong Automotive and Data Center Performance Drives Buy Rating with $37 Price Target
- Allegro MicroSystems reports Q2 EPS 13c, consensus 12c
