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Allegro MicroSystems (NASDAQ:ALGM) Updates Q2 2024 Earnings Guidance

Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.35-$0.39 for the period, compared to the consensus earnings per share estimate of $0.35. The company issued revenue guidance of $270.00 million-$280.00 million, compared to the consensus […] ....

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Allegro MicroSystems (NASDAQ:ALGM) Given New $60.00 Price Target at Wells Fargo & Company

Allegro MicroSystems (NASDAQ:ALGM – Free Report) had its price target raised by Wells Fargo & Company from $52.00 to $60.00 in a research note released on Wednesday, FlyOnTheWall reports. A number of other research firms also recently issued reports on ALGM. TheStreet downgraded shares of Allegro MicroSystems from a b- rating to a c+ rating […] ....

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Allegro MicroSystems (NASDAQ:ALGM) PT Raised to $60.00

Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) had its target price lifted by research analysts at Wells Fargo & Company from $52.00 to $60.00 in a research report issued on Wednesday, FlyOnTheWall reports. Wells Fargo & Company‘s target price suggests a potential upside of 23.30% from the stock’s current price. A number of other research […] ....

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Wolfe Research Begins Coverage on Allegro MicroSystems (NASDAQ:ALGM)

Wolfe Research started coverage on shares of Allegro MicroSystems (NASDAQ:ALGM – Free Report) in a research report sent to investors on Wednesday morning, Marketbeat.com reports. The firm issued a market perform rating on the stock. Other equities analysts have also issued research reports about the stock. TheStreet lowered shares of Allegro MicroSystems from a b- […] ....

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