Brown Christopher
Known title: SVP and General CounselCIK: 0001378842
Associated companies
Transaction History
| ALGM | ▼ Sell | Open Market | 2,132 | $69K | 11/19/2021 | View on chart |
| ALGM | ▼ Sell | Open Market | 2,132 | $69K | 11/19/2021 | View on chart |
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October 6, 2026
RBC initiates coverage on ALGM with Outperform rating
RBC Capital began tracking Allegro MicroSystems with an Outperform rating and a $50 price target, citing gains in data center and automotive content. This analyst action contributed to a recent 8.7% jump in the stock. The company continues to focus on magnetic sensor innovation to support its position in the automotive market.
RBC initiates coverage on ALGM with Outperform rating. RBC Capital began tracking Allegro MicroSystems with an Outperform rating and a $50 price target, citing gains in data center and automotive content. This analyst action contributed to a recent 8.7% jump in the stock. The company continues to focus on magnetic sensor innovation to support its position in the automotive market.