Form 8-K ALLEGRO MICROSYSTEMS, For: Oct 28

Go back to Form 8-K ALLEGRO MICROSYSTEMS, For: Oct 28

Allegro MicroSystems (ALGM) PT Raised to $43 at Mizuho Securities

October 28, 2021 2:52 PM EDT

Mizuho 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