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

May 8, 2026 6:48 AM EDT
Get Alerts ALGM Hot Sheet
Price: $50.07 +0.40%

Rating Summary:
    13 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 22 | New: 24
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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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Analyst PT Change