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Demystifying Allegro Microsystems: Insights From 7 Analyst Reviews

Benzinga ·  Aug 3 01:07

7 analysts have shared their evaluations of Allegro Microsystems (NASDAQ:ALGM) during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings61000
Last 30D10000
1M Ago00000
2M Ago10000
3M Ago41000

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $33.86, with a high estimate of $37.00 and a low estimate of $32.00. Observing a downward trend, the current average is 7.66% lower than the prior average price target of $36.67.

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Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils...

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