Mizuho Maintains Outperform on Allegro Microsystems, Lowers Price Target to $58

Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc.

ALGM

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Mizuho analyst Vijay Rakesh maintains Allegro Microsystems (NASDAQ: ALGM) with a Outperform and lowers the price target from $67 to $58.