Oppenheimer Maintains Outperform on Allison Transmission, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ian Zaffino has maintained an 'Outperform' rating on Allison Transmission (NYSE:ALSN) and raised the price target from $90 to $115.
October 30, 2024 | 3:46 pm
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POSITIVE IMPACT
Oppenheimer has maintained an 'Outperform' rating on Allison Transmission and increased the price target from $90 to $115, indicating a positive outlook.
The increase in price target from $90 to $115 by Oppenheimer suggests a strong positive outlook for Allison Transmission. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100