Allegro Microsystems in focus as Mizuho ups price target after results (ALGM:NASDAQ)

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Allegro Microsystems (ALGM) was in focus on Friday as Mizuho upped its price target to $54 from $44 after the semiconductor company reported results earlier this week.
“We rate ALGM Outperform with a $54 PT, ~9x F28E (Mar) P/S,” analyst Vijay Rakesh wrote in a

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