Stock analysts at Cowen began coverage on shares of Allego (NYSE:ALLG – Get 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 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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