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-0.000529193861351228 -0.00105838772270246 0.00299876521432342 0.00194037749162109 0.00370435702945847 0.00370435702945847 0.00370435702945847 0.00370435702945847
Stock impact report

How The Allegro MicroSystems (ALGM) Story Is Shifting With New Targets And Growth Expectations [Yahoo! Finance]

Allegro MicroSystems, Inc. (ALGM) 
Company Research Source: Yahoo! Finance
The modest change reflects a reassessment of risk, with the discount rate moving from 10.65% to 10.75%. Revenue growth expectations of about 18.68% remain intact, supported by ongoing interest in Allegro's auto and data center exposure on both the bullish and bearish sides. Stay tuned to see how you can keep on top of these shifting price targets as the story around Allegro evolves. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Allegro MicroSystems. ?? Bullish Takeaways Evercore ISI raised its Allegro MicroSystems price target to US$49 from US$37 and keeps an Outperform rating, signaling that at least one major firm still sees room for the story to play out despite the recent trim in the fair value estimate. The Evercore analyst highlights Allegro as a top SMID analog pick, pointing to the auto and data center cycles as key factors that support the current long term narrative on revenue potential. Evercor Show less Read more
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