DA Davidson Reiterates Buy on Allego, Maintains $7.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
DA Davidson analyst Matt Summerville has reiterated a 'Buy' rating on Allego (NYSE:ALLG) and maintained a price target of $7.5.
August 16, 2023 | 2:16 pm
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POSITIVE IMPACT
Allego's stock rating has been reiterated as 'Buy' by DA Davidson with a maintained price target of $7.5.
The reiteration of a 'Buy' rating by DA Davidson indicates a positive outlook for Allego. The maintained price target of $7.5 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100