Allegro MicroSystems Reports Second Quarter of Fiscal Year 2022 Results
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Allegro MicroSystems (ALGM) PT Raised to $43 at Mizuho Securities
October 28, 2021 2:52 PM EDTMizuho Securities analyst Vijay Rakesh raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $43.00 (from $40.00) while maintaining a Buy rating following results.
Rakesh calls it potential among the best EV/ADAS small-cap fabless plays.
"With almost 50% share of... More
Allegro MicroSystems, Inc. (ALGM) Tops Q2 EPS by 2c
October 28, 2021 8:07 AM EDTAllegro MicroSystems, Inc. (NASDAQ: ALGM) reported Q2 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $193.6 million versus the consensus estimate of $186.84 million.
GUIDANCE:
Allegro MicroSystems, Inc. sees Q3 2022 EPS of $0.18, versus the consensus of... More
