Allegro Microsystems Selling Shareholder OEP SKNA To Offload $233.5M Shares
Allegro Microsystems Inc’s (NASDAQ:ALGM) selling shareholder One Equity Partners SKNA proposed to sell 7 million shares in a secondary equity…
Credit Suisse Maintains Outperform on Allegro Microsystems, Raises Price Target to $40
Credit Suisse analyst John Pitzer maintains Allegro Microsystems (NASDAQ:ALGM) with a Outperform and raises the price target from $36 to $40.
Barclays Maintains Overweight on Allegro Microsystems, Raises Price Target to $38
Barclays analyst Blayne Curtis maintains Allegro Microsystems (NASDAQ:ALGM) with a Overweight and raises the price target from $30 to $38.
Needham Maintains Buy on Allegro Microsystems, Raises Price Target to $40
Needham analyst Quinn Bolton maintains Allegro Microsystems (NASDAQ:ALGM) with a Buy and raises the price target from $35 to $40.
Allegro Microsystems Q2 EPS $0.20 Beats $0.18 Estimate, Sales $193.60M Beat $186.84M Estimate
Allegro Microsystems (NASDAQ:ALGM) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.18 by 11.11 percent. This is a 88.76 percent decrease over earnings of $1.78 per share
Earnings Scheduled For October 28, 2021
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
Wells Fargo Maintains Overweight on Allegro Microsystems, Raises Price Target to $38
Wells Fargo analyst Gary Mobley maintains Allegro Microsystems (NASDAQ:ALGM) with a Overweight and raises the price target from $36 to $38.
Allegro Microsystems Beats On Q1 Earnings, Posts Robust Segment Results, Issues Strong Q2 Guidance
Allegro Microsystems Inc (NASDAQ:ALGM) reported first-quarter FY22 net sales growth of 64% year-on-year to $188.1 million, beating the analyst consensus of…