Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/16/2023 | 194.12% | DA Davidson | → $7.5 | Reiterates | Buy → Buy |
06/20/2023 | 213.73% | Citigroup | $9 → $8 | Maintains | Buy |
05/24/2023 | 194.12% | DA Davidson | $10 → $7.5 | Maintains | Buy |
05/17/2023 | 56.86% | TD Cowen | $7 → $4 | Maintains | Outperform |
11/15/2022 | 292.16% | DA Davidson | $12 → $10 | Maintains | Buy |
09/30/2022 | 292.16% | Credit Suisse | → $10 | Initiates Coverage On | → Outperform |
04/11/2022 | 645.1% | Cowen & Co. | → $19 | Initiates Coverage On | → Outperform |
What is the target price for Allego (ALLG)?
The latest price target for Allego (NYSE: ALLG) was reported by DA Davidson on August 16, 2023. The analyst firm set a price target for $7.50 expecting ALLG to rise to within 12 months (a possible 194.12% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Allego (ALLG)?
The latest analyst rating for Allego (NYSE: ALLG) was provided by DA Davidson, and Allego reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Allego (ALLG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allego, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Allego was filed on August 16, 2023 so you should expect the next rating to be made available sometime around August 16, 2024.
Is the Analyst Rating Allego (ALLG) correct?
While ratings are subjective and will change, the latest Allego (ALLG) rating was a reiterated with a price target of $0.00 to $7.50. The current price Allego (ALLG) is trading at is $2.55, which is within the analyst's predicted range.