Allegro MicroSystems (NASDAQ:ALGM) Lowered to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Allegro MicroSystems (NASDAQ:ALGM – Get Rating) from a buy rating to a hold rating in a research note released on Tuesday, Zacks.com reports. According to Zacks, “Allegro MicroSystems Inc. is a designer, developer, fabless manufacturer and marketer of sensor integrated circuits and application-specific analog power ICs enabling emerging technologies […]

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