Allegro MicroSystems (ALGM) PT Raised to $56 at Wells Fargo

May 8, 2026 6:48 AM EDT
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Price: $44.13 --0%

Rating Summary:
    14 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 7 | New: 5
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Wells Fargo analyst Joe Quatrochi raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $56.00 (from $48.00) while maintaining a Overweight rating.

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