UBS changed its price target for Allegro MicroSystems to $48 from $50 but still rates it as a Buy.

Oct 30, 2026, 2:56 PM ETOpinionRead the original at marketscreener.com

Neutral

UBS lowered its target but kept its Buy rating. The two signals point in different directions, and the report gives no Q2 figures showing a change in Allegro's business.

ALGM · Allegro MicroSystems

AI read · Neutral

The AI's read

The report gives no new sales, profit, or company forecast figures. A lower target points to less expected value, but the continued Buy rating points the other way. Without details on the recent results, this report alone does not change the company's outlook.

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