Citi lowered the firm’s price target on Allison Transmission (ALSN) to $100 from $105 and keeps a Neutral rating on the shares. The firm updated price targets and its machinery views to reflect the current environment.
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Read More on ALSN:
- Allison Transmission price target raised to $79 from $74 at BofA
- Allison Transmission Acquires Dana’s Off-Highway Business
- Dana price target raised to $17 from $15 at Wells Fargo
- Allison Transmission: Purchase of Dana off-highway unit to be accretive to EPS
- Dana to sell Off-Highway business to Allison Transmission for $2.7B