Bank of America Initiates Coverage on Allegro MicroSystems (NASDAQ:ALGM)

Bank of America assumed coverage on shares of Allegro MicroSystems (NASDAQ:ALGM – Free Report) in a research report released on Monday, Marketbeat reports. The brokerage issued a buy rating and a $38.00 price target on the stock. A number of other equities research analysts have also weighed in on ALGM. Morgan Stanley lifted their price […]

Jun 17, 2025 - 07:56
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Bank of America Initiates Coverage on Allegro MicroSystems (NASDAQ:ALGM)
Bank of America assumed coverage on shares of Allegro MicroSystems (NASDAQ:ALGM – Free Report) in a research report released on Monday, Marketbeat reports. The brokerage issued a buy rating and a $38.00 price target on the stock. A number of other equities research analysts have also weighed in on ALGM. Morgan Stanley lifted their price […]