Analysts Offer Insights on Technology Companies: Allegro MicroSystems (ALGM), Figma, Inc. Class A (FIG) and Sabre (SABR)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Allegro MicroSystems (ALGM – Research Report), Figma, Inc. Class A (FIG – Research Report) and Sabre (SABR – Research Report).
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Allegro MicroSystems (ALGM)
In a report released today, Mark Lipacis from Evercore ISI maintained a Buy rating on Allegro MicroSystems, with a price target of $49.00. The company’s shares closed last Wednesday at $38.59.
According to TipRanks.com, Lipacis is a top 100 analyst with an average return of
Currently, the analyst consensus on Allegro MicroSystems is a Strong Buy with an average price target of $45.40, which is a 14.2% upside from current levels. In a report issued on February 13, Morgan Stanley also upgraded the stock to Buy with a $51.00 price target.
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Figma, Inc. Class A (FIG)
In a report released today, Elizabeth Porter from Morgan Stanley maintained a Hold rating on Figma, Inc. Class A, with a price target of $44.00. The company’s shares closed last Wednesday at $24.19, close to its 52-week low of $19.85.
According to TipRanks.com, Porter ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Figma, Inc. Class A with a $40.25 average price target, implying a 74.2% upside from current levels. In a report issued on February 4, TipRanks – PerPlexity also downgraded the stock to Hold with a $22.00 price target.
Sabre (SABR)
Morgan Stanley analyst Josh Baer maintained a Hold rating on Sabre today and set a price target of $1.75. The company’s shares closed last Wednesday at $1.17.
According to TipRanks.com, Baer is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sabre with a $2.41 average price target, which is a 93.0% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Hold with a $0.90 price target.
