Atmus Filtration price target lowered to $71 from $76 at Northland

Northland lowered the firm’s price target on Atmus Filtration (ATMU) to $71 from $76 and keeps an Outperform rating on the shares. The firm’s 2027 EBTIDA estimate is actually higher at $441.9M, up from $437.1M, but it thinks a “modestly lowered multiple is more reasonable given the momentum in shares has cooled off a bit,” the analyst tells investors.