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UBS Raises its Price Target on Allegro MicroSystems (ALGM)

Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the 10 Best Electric Vehicle Supply Chain Stocks to Invest In. On May 8, 2026, UBS analyst Timothy Arcuri raised the firm’s price target on Allegro MicroSystems, Inc. (NASDAQ:ALGM) to $55 from $52 while maintaining a Buy rating on the shares. Evercore ISI analyst Mark Lipacis also raised […]

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