Allegro MicroSystems, Inc. (ALGM) Tops Q2 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/18/2026
- Wall Street tumbles as worries about AI trade and high oil prices weigh
- Oil touches $110 a barrel for first time since May on Middle East, Russia supply fears
- Stay risk-off as higher real yields and AI volatility threaten stocks: BofA
- Appleās first foldable iPhone sells out within minutes as preorders begin
- CoreWeave bond rout tests market's math on AI buildout
- Yorkville Ives: 'GameStop Is Becoming the Hobby's Intake Network'
- Wall Street tumbles as worries about AI trade and high oil prices weigh
- Micron Technology stock drops on China chip news and labor dispute
- Truist Financial to sell $7.7B LightStream loan portfolio to Carlyle
- Truist Financial to sell $7.7B LightStream loan portfolio to Carlyle
Allegro MicroSystems (ALGM) PT Lowered to $30 at Jefferies
October 31, 2024 4:12 PM EDTJefferies analyst Blayne Curtis lowered the price target on Allegro MicroSystems (NASDAQ: ALGM) to $30.00 (from $32.00) while maintaining a Buy rating.
The analyst comments "Guide was materially lower (-7% Q/Q vs. St. +9%) due to further inventory corrections in NA/Europe Auto, which... More



