JP Morgan Upgrades Allison Transmission to Neutral, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria has upgraded Allison Transmission (NYSE:ALSN) from Underweight to Neutral and raised the price target from $63 to $70.
October 16, 2023 | 2:05 pm
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Allison Transmission's stock rating has been upgraded to Neutral by JP Morgan, with a raised price target of $70.
The upgrade from Underweight to Neutral by JP Morgan indicates a more positive outlook for Allison Transmission. The raised price target from $63 to $70 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
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IMPORTANCE 80
RELEVANCE 100