Allegro Microsystems saw its stock price drop after beating earnings estimates, but analysts raised price targets by 47%, expecting a 41% upside potential. eBay posted its fastest growth since 2021 but stock tanked 16%. Analysts predict a 15% upside. Impinj shares fell 15% despite beating earnings, with analysts forecasting a 46% upside.
Analysts are bullish on Allegro and Impinj, predicting nearly 50% upside potential in both stocks. Investors may want to consider further research on these mid-cap chip stocks for potential substantial gains.
Read more at Nasdaq MarketSite.: Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops
