Allegro MicroSystems Reports Fiscal Third Quarter 2023 Results
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Allegro MicroSystems (ALGM) PT Raised to $42 at Mizuho Securities
January 31, 2023 1:49 PM ESTMizuho Securities analyst Vijay Rakesh raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $42.00 (from $38.00) while maintaining a Buy rating following results.
The analyst commented, "ALGM reported DecQ top-line of $249M (ahead of cons. of $245M) and guided MarQ to... More
