Goldman Sachs Maintains Sell on Allison Transmission, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Sell rating on Allison Transmission (ALSN) but raises the price target from $55 to $63.

April 16, 2024 | 1:21 pm
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Goldman Sachs maintains a Sell rating on Allison Transmission but increases the price target from $55 to $63.
While the Sell rating suggests a negative outlook on the stock, the increase in price target from $55 to $63 indicates a slightly more positive view on the stock's valuation than previously. This mixed signal could lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90