Allego (NYSE:ALLG) Coverage Initiated at Cowen

Stock analysts at Cowen began coverage on shares of Allego (NYSE:ALLGGet Rating) in a report released on Monday, The Fly reports. The brokerage set an “outperform” rating and a $19.00 price target on the stock. Cowen’s target price would suggest a potential upside of 62.12% from the stock’s previous close.

Separately, Cowen started coverage on Allego in a report on Monday. They set an “outperform” rating and a $19.00 price target on the stock.

Shares of ALLG stock opened at $11.72 on Monday. Allego has a 1-year low of $7.43 and a 1-year high of $28.44.

Allego Company Profile (Get Rating)

Allego N.V. operates as an electric vehicle (EV) charging company in Europe. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands.

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