Citigroup Maintains Neutral on Allison Transmission, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on Allison Transmission (NYSE:ALSN) and raises the price target from $56 to $62.
July 18, 2023 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Allison Transmission and raises the price target from $56 to $62, which may influence investor sentiment.
The raised price target by Citigroup indicates a positive outlook for Allison Transmission. However, the maintained Neutral rating suggests that the stock is fairly valued at current levels. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100