Allegro MicroSystems (ALGM) heads into its next earnings report with a stronger setup than it had just a few weeks ago, according to Morgan Stanley, as recent results from analog and microcontroller peers point to improving demand across several of the company’s key markets. In a report given to ...
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Morgan Stanley sees more room for Allegro sharesTheStreet141d agoneutral
Morgan Stanley has stark message for Allegro stock investorsAnalog semiconductors have been on a tear. Large-cap players in the space are up 17% over the past two weeks, outpacing the broader SOX index by a wide margin. And Allegro Microsystems has run even harder than that. That is exactly what has Morgan Stanley sounding a note of caution heading into the ...