UBS raised the firm’s price target on Allegro MicroSystems (ALGM) to $35 from $25 and keeps a Buy rating on the shares.
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Read More on ALGM:
- BofA reinstates ‘auto sensor leader’ Allegro MicroSystems with a Buy
- Allegro MicroSystems price target raised to $33 from $26 at Wells Fargo
- Allegro MicroSystems reinstated with a Buy at BofA
- Allegro MicroSystems price target raised to $25 from $23 at Morgan Stanley
- Hold Rating Maintained for Allegro MicroSystems Amid Near-Term Optimism and Long-Term Valuation Concerns