Allegro Microsystems Shares Surge 3.53% on Jan 15: Up 13.16% Below 52-Week High

Allegro Microsystems Inc (ALGM) shares surged 3.53% on Jan 15, reaching an intraday high of $33.48 and settling at $33.39. The stock is 13.16% below its 52-week high and 103.85% above its 52-week low. Analysts forecast an average target price of $38.42 with an upside of 15.05% from the current price. The estimated GF Value is $31.37, suggesting a downside of 6.05% from the current price.