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Citi Starts Allego N.V. (ALLG) at Buy, PT $10, ') We view today’s own/operate EV charging model as effectively a software-driven land grab'

September 7, 2022 6:40 PM EDT

Citi analyst Itay Michaeli initiates coverage on Allego N.V. (NYSE: ALLG) with a Buy rating and a price target of $10.00.

The analyst comments "Were initiating coverage of EV charging provider Allego with a Buy/High Risk rating and $10 target. Our thesis is... More