UBS Raises Price Target on Allegro MicroSystems to $55

On May 8, 2026, UBS analyst Timothy Arcuri raised the price target for Allegro MicroSystems (NASDAQ:ALGM) from $52 to $55 while maintaining a Buy rating. The firm cited growing data center exposure and higher peer multiples as key factors behind the increase.

By Jeff Lewis Fri, May 15, 2026 at 2:12 AM GMT+3 2 min read · Yahoo Finance · May 14, 2026, 23:12 UTC

UBS Raises Price Target on Allegro MicroSystems to $55

Tickers: $ALGM

Topics: Allegro MicroSystems analyst upgrades price targets UBS

Read the full article at Yahoo Finance

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