Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · IEX Real-Time Price · USD
28.79
-2.07 (-6.71%)
At close: Jul 19, 2024, 4:00 PM
28.59
-0.20 (-0.69%)
Pre-market: Jul 22, 2024, 4:00 AM EDT
Allegro MicroSystems Analyst Ratings
Total Analysts
8
Consensus Rating
Strong Buy
Price Target
$38.38
Upside
+33.31%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +21.57% | Jun 13, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $37 | Strong Buy | Initiates | $37 | +28.52% | May 13, 2024 |
| Barclays | Barclays | Buy Maintains $35 → $32 | Buy | Maintains | $35 → $32 | +11.15% | May 10, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $35 → $32 | Strong Buy | Maintains | $35 → $32 | +11.15% | May 10, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $45 → $35 | Strong Buy | Maintains | $45 → $35 | +21.57% | May 10, 2024 |
| Needham | Needham | Strong Buy Maintains $40 → $33 | Strong Buy | Maintains | $40 → $33 | +14.62% | May 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $36 | Buy | Initiates | $36 | +25.04% | Apr 16, 2024 |
| Needham | Needham | Strong Buy Maintains $44 → $40 | Strong Buy | Maintains | $44 → $40 | +38.94% | Feb 2, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $35 | Hold → Buy | Upgrades | $35 | +21.57% | Feb 2, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $44 | Strong Buy | Maintains | $50 → $44 | +52.83% | Nov 3, 2023 |
| B of A Securities | B of A Securities | Hold Initiates $36 | Hold | Initiates | $36 | +25.04% | Sep 29, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +73.67% | Aug 9, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +73.67% | Aug 2, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $52 → $60 | Buy | Maintains | $52 → $60 | +108.41% | Jul 26, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $50 → $56 | Strong Buy | Maintains | $50 → $56 | +94.51% | Jul 20, 2023 |
| Barclays | Barclays | Buy Maintains $50 → $60 | Buy | Maintains | $50 → $60 | +108.41% | Jul 20, 2023 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 20, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +73.67% | May 12, 2023 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +73.67% | May 12, 2023 |
| Needham | Needham | Strong Buy Maintains $42 → $50 | Strong Buy | Maintains | $42 → $50 | +73.67% | Mar 15, 2023 |
| Barclays | Barclays | Buy Maintains $44 → $50 | Buy | Maintains | $44 → $50 | +73.67% | Mar 15, 2023 |