ALLEGRO MICROSYSTEMS INC (ALGM)
US01749D1054 - Common Stock
ChartMill assigns a Buy % Consensus number of 83% to ALGM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 31.07. This target is 48.01% above the current price.
ALGM was analyzed by 15 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about ALGM.
In the previous month the buy percentage consensus was at a similar level.
ALGM was analyzed by 15 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-11-22 | Wells Fargo | Initiate | Overweight |
| 2024-11-07 | Morgan Stanley | Initiate | Equal-Weight |
| 2024-11-01 | Barclays | Maintains | Overweight -> Overweight |
| 2024-10-31 | Needham | Maintains | Buy -> Buy |
| 2024-09-03 | UBS | Initiate | Buy |
| 2024-08-02 | Needham | Reiterate | Buy -> Buy |
| 2024-06-13 | TD Cowen | Maintains | Buy -> Buy |
| 2024-05-10 | TD Cowen | Maintains | Buy -> Buy |
| 2024-05-10 | Mizuho | Maintains | Buy -> Buy |
| 2024-05-10 | Needham | Maintains | Buy -> Buy |
| 2024-05-10 | Barclays | Maintains | Overweight -> Overweight |
| 2024-04-16 | Evercore ISI Group | Initiate | Outperform |
| 2024-02-02 | Wolfe Research | Upgrade | Peer Perform -> Outperform |
| 2024-02-02 | Needham | Maintains | Buy -> Buy |
| 2023-11-03 | Needham | Maintains | Buy -> Buy |
| 2023-09-29 | B of A Securities | Initiate | Neutral |
| 2023-08-09 | Needham | Reiterate | Buy -> Buy |
| 2023-08-02 | Needham | Reiterate | Buy -> Buy |
| 2023-07-26 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2023-07-20 | Mizuho | Maintains | Buy -> Buy |
| 2023-07-20 | Wolfe Research | Initiate | Peer Perform |
| 2023-07-20 | Barclays | Maintains | Overweight -> Overweight |
| 2023-05-12 | Mizuho | Maintains | Buy -> Buy |
| 2023-05-12 | Needham | Reiterate | Buy -> Buy |
| 2023-03-15 | Needham | Maintains | Buy |
| 2023-03-15 | Barclays | Maintains | Overweight |
| 2023-02-01 | Mizuho | Maintains | Buy |
| 2023-02-01 | Needham | Maintains | Buy |
| 2023-02-01 | Barclays | Maintains | Overweight |
| 2023-02-01 | Cowen & Co. | Maintains | Outperform |