Bullish analysts are clustering around a US$45 price target for Allegro MicroSystems, using a model fair value of US$45.83 per share as the anchor for their work. That tighter range reflects renewed ...
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) jumped 7.7% in the afternoon session as semiconductor stocks ...
Needham named Allegro MicroSystems (NASDAQ:ALGM) as its Top Pick for 2025, while highlighting Semiconductor outlook for the year. The firm also added Allegro — which is rated Buy with a $30 price ...
What Happened? A number of stocks jumped in the afternoon session after Nvidia announced a strategic partnership and a $2 billion investment in fellow chipmaker Marvell Technology. Following the news, ...
Allegro MicroSystems, Inc. (NASDAQ:ALGM) reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates. Allegro Microsystems posted adjusted ...
Allegro MicroSystems, Inc. (NASDAQ:ALGM) shares are trading higher premarket on Thursday after it disclosed receiving a proposal from ON Semiconductor Corporation (NASDAQ:ON) for $35.10 per share, ...
Allegro MicroSystems, Inc. announced that Onsemi has withdrawn its unsolicited acquisition proposal. Allegro's Board of Directors stated they found Onsemi's proposals inadequate after careful review ...