BofA analyst Vivek Arya reinstated coverage of Allegro MicroSystems (ALGM) with a Buy rating and $38 price target
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Read More on ALGM:
- 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
- Allegro Microsystems’ Stability at Risk Amid Unsolicited Acquisition Proposals
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- Allegro MicroSystems price target raised to $25 from $22 at UBS
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