Allison Transmission price target raised to $100 from $90 at Citi

Citi raised the firm’s price target on Allison Transmission (ALSN) to $100 from $90 and keeps a Neutral rating on the shares. The firm updated models in the machinery group as part of its 2026 outlook. Citi sees value in the space and has the most conviction in construction and mining growth entering next year. The agriculture and truck markets could remain challenged in the near-term, the analyst tells investors in a research note.