4 Analysts Have This to Say About Allison Transmission
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their opinion on Allison Transmission (NYSE:ALSN) stock. The average price target is $53.5, which is lower than the current price of $59.215. The ratings are mixed with one analyst each for bullish, somewhat bullish, indifferent, and bearish. The average price target has increased by 15.05% over the past month.
July 28, 2023 | 3:00 pm
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NEGATIVE IMPACT
Mixed analyst ratings and a lower average price target could lead to uncertainty and potential short-term downward pressure on Allison Transmission's stock.
Analyst ratings are a significant factor that investors consider when making investment decisions. The mixed ratings and lower average price target for Allison Transmission indicate uncertainty about the company's performance, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100