Goldman Sachs Maintains Sell on Allison Transmission, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Sell rating on Allison Transmission (NYSE:ALSN) and raises the price target from $42 to $48.
July 31, 2023 | 12:14 pm
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Goldman Sachs maintains a Sell rating on Allison Transmission, but raises the price target from $42 to $48.
The news is directly about Allison Transmission. Despite the raised price target, the maintained Sell rating indicates that Goldman Sachs still expects the stock to underperform. This could negatively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100