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Allegro is a global leader in sensing and Power IC solutions.
Allegro MicroSystems shares last traded at $36.10, with a volume of 647,729 shares traded.
Source: https://www.etfdailynews.com/2023/02/02/allegro-microsystems-nasdaqalgm-shares-gap-up-to-34-43/
Allegro MicroSystems): This chip maker has exposure to both vehicle electrification and renewable energy trends.
Source: https://investorplace.com/2023/01/chip-stocks-to-buy-7-that-belong-on-your-january-must-buy-list/
As a group, research analysts predict that Allegro MicroSystems will post 1 EPS for the current year.
Cowen lifted their price target on Allegro MicroSystems to $44.00 in a report on Thursday, February 2nd.
CWM LLC increased its holdings in shares of Allegro MicroSystems by 21.8% in the fourth quarter.
Finally, Barclays increased their target price on shares of Allegro MicroSystems from $50.00 to $60.00 in a research note on Thursday, July 20th.
Finally, TheStreet upgraded shares of Allegro MicroSystems from a “c” rating to a “b-” rating in a research note on Wednesday, November 16th.
Source: https://www.etfdailynews.com/2023/01/02/allegro-microsystems-inc-nasdaqalgm-short-interest-update/
Renaissance Capital LLC raised its position in shares of Allegro MicroSystems by 35.3% during the 4th quarter.
Signaturefd LLC’s holdings in Allegro MicroSystems were worth $30,000 at the end of the most recent reporting period.
There will be an Allegro Fun Day in Longbridge, Birmingham, in May, and then a formal golden anniversary party at the British Motor Museum in Gaydon, Warwickshire.
This is a breakdown of current ratings for Cirrus Logic and Allegro MicroSystems, as provided by MarketBeat.com.
Wellington Management Group LLP bought a new position in Allegro MicroSystems during the 1st quarter worth about $39,429,000.
Wolfe Research assumed coverage on Allegro MicroSystems in a research note on Wednesday, July 19th.
Wolfe Research initiated coverage on shares of Allegro MicroSystems in a research note on Wednesday, July 19th.