Northland lowered the firm’s price target on Atmus Filtration (ATMU) to $49 from $50 and keeps an Outperform rating on the shares. The company has now reported revenue and EBITDA beats in all seven of its reports since becoming public, notes the firm, which “firmly believes management has showcased its ability to deliver stellar results,” which it expects to continue going forward. Its lower price target is due to its 2025 EBITDA falling by $5M from restructuring costs, the analyst noted.
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