Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Atmus Filtration (ATMU) to $47 from $42 and keeps an Equal Weight rating on the shares. The firm notes it spent time on the road with Atmus Filtration Technologies CFO Jack Kienzler. The demand environment remains challenging, while Atmus continues to execute on multi-year outgrowth opportunities, Wells adds.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATMU:
- Atmus Filtration downgraded to Neutral from Overweight at JPMorgan
- Atmus Filtration Increases Quarterly Dividend by 10%
- Atmus Filtration raises quarterly dividend 10% to 5.5c per share
- Atmus Filtration Technologies Reports Record Sales Amid Challenges
- Atmus Filtration price target raised to $50 from $41 at Northland
