Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst

Bank of America Securities analyst Vivek Arya has reinstated its coverage of Allegro Microsystems (NASDAQ: ALGM) with a Buy rating and a price objective of $38 per share.

Latest Ratings for ALGM

Date Firm Action From To
Oct 2021 Credit Suisse Maintains Outperform
Oct 2021 Barclays Maintains Overweight
Oct 2021 Needham Maintains Buy

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