- Millions Struggle with Substance Use Disorder and Mental Health: 7.7 million adults have a co-occurring substance use disorder and mental health condition. More than half receive treatment for neither (Source).
- Demand for Therapy Outpaces Supply: Today’s therapist workforce cannot keep up with demand. Wait times for a therapist can be weeks if not months (Source).
- Barriers to In-Person Therapy Restrict Use: Stigma, affordability, and limited geographic availability of therapists stops many from seeking therapy (Source).
- Digital Therapy Fills Gaps: Telehealth-based therapy increases utilization of mental health care by making therapy more accessible and convenient (Source).
- A Pressing Need for Collaboration: Centralizing access to care and simplifying referrals is critical to addressing the need for services (Source).
Cowen & Co. Maintains Outperform on Allegro Microsystems, Raises Price Target to $44
Cowen & Co. analyst Joshua Buchalter maintains Allegro Microsystems (NASDAQ:ALGM) with a Outperform and raises the price target from $38 to $44.