Wolfe Research Initiates Coverage On Allegro Microsystems with Peer Perform Rating
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Chris Caso has initiated coverage on Allegro Microsystems (NASDAQ:ALGM) with a Peer Perform rating.
July 20, 2023 | 9:14 am
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Allegro Microsystems has been initiated with a Peer Perform rating by Wolfe Research.
The Peer Perform rating suggests that Allegro Microsystems is expected to perform in line with its peers. This neutral rating may not significantly impact the stock price in the short term, but it does indicate that the company is on par with its competitors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100