TD Cowen Maintains Buy on Allegro Microsystems, Lowers Price Target to $48

Benzinga Newsdesk www.benzinga.com Negative 57.5%

Neg 57.5% Neu 0% Pos 0%

TD Cowen analyst Joshua Buchalter maintains Allegro Microsystems (NASDAQ:ALGM) with a Buy and lowers the price target from $66 to $48.