Allegro MicroSystems, Inc. (ALGM) Tops Q2 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
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
