Wells Fargo initiated coverage on Allegro Microsystems with a new price target
$ALGM
Semiconductors
Technology
Wells Fargo initiated coverage of Allegro Microsystems with a rating of Overweight and set a new price target of $23.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2025 | $38.00 | Buy | BofA Securities |
| 11/22/2024 | $23.00 | Overweight | Wells Fargo |
| 11/12/2024 | $30.00 | Buy | Loop Capital |
| 11/7/2024 | $21.00 | Equal-Weight | Morgan Stanley |
| 9/3/2024 | $33.00 | Buy | UBS |
| 5/13/2024 | $37.00 | Buy | Jefferies |
| 5/10/2024 | $35.00 → $32.00 | Buy | TD Cowen |
| 4/16/2024 | $36.00 | Outperform | Evercore ISI |