A secret that hides Allegro Microsystems Inc’s strength (NASDAQ:ALGM)

Stocks of Allegro Microsystems Inc (NASDAQ:ALGM) traded higher last session on Wall Street, up 12.73% to $21.07. ALGM stock price is now -7.77% away from the 50-day moving average and -7.44% away from the 200-day moving average. The market capitalization of the company currently stands at $3.88B. With the price target of $23, Wells Fargo […]

Stocks like Allegro Microsystems Inc [ALGM] still have plenty of sunny days ahead

Stocks of Allegro Microsystems Inc (NASDAQ:ALGM) traded higher last session on Wall Street, up 1.45% to $16.77. ALGM stock price is now -31.07% away from the 50-day moving average and -28.59% away from the 200-day moving average. The market capitalization of the company currently stands at $3.09B. With the price target of $23, Wells Fargo […]

Does Allegro Microsystems Inc (NASDAQ:ALGM) have deteriorating prospects?

Allegro Microsystems Inc (NASDAQ:ALGM) shares traded 5.71% higher at $28.31 on Wall Street last session. ALGM stock price is now 17.59% away from the 50-day moving average and 16.36% away from the 200-day moving average. The market capitalization of the company currently stands at $5.21B. With the price target of $23, Wells Fargo recently initiated […]