Oppenheimer Maintains Outperform on Allison Transmission, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has maintained its Outperform rating on Allison Transmission (NYSE:ALSN) and raised the price target from $53 to $67.
July 28, 2023 | 12:30 pm
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Oppenheimer has maintained its Outperform rating on Allison Transmission and raised the price target from $53 to $67. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Oppenheimer, a reputable financial institution, has maintained a positive rating on Allison Transmission and increased the price target. This suggests they believe the stock is undervalued at its current price, which could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100