Citigroup Maintains Neutral on Allison Transmission, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on Allison Transmission (NYSE:ALSN) and raises the price target from $62 to $63.

August 04, 2023 | 9:11 am
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Allison Transmission and raised the price target from $62 to $63.
The news is directly related to Allison Transmission. The price target increase by Citigroup suggests a slightly more positive outlook, but the Neutral rating indicates that the stock is expected to perform in line with the market or other comparable companies. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100