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Allegro MicroSystems (NASDAQ:ALGM) Trading 6.2% Higher – Time to Buy?
['Mitch Edgeman']
Markets Daily
Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) shot up 6.2% during mid-day trading on Wednesday .
Weiss Ratings restated a “sell (e+)” rating on shares of Allegro MicroSystems in a research note on Monday, December 29th.
TD Cowen reaffirmed a “buy” rating on shares of Allegro MicroSystems in a research note on Friday, October 31st.
Allegro MicroSystems had a negative net margin of 3.60% and a positive return on equity of 2.90%.
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