Evercore ISI Group Maintains Outperform on Allegro Microsystems, Raises Price Target to $53

Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc.

ALGM

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Evercore ISI Group analyst Mark Lipacis maintains Allegro Microsystems (NASDAQ: ALGM) with a Outperform and raises the price target from $49 to $53.