Allison Transmission Receives Average Moderate Buy Rating From Analysts
Brokerages set an average 12-month price target of $131.17 for Allison Transmission, with Weiss Ratings upgrading the stock to buy from hold. The auto-parts maker reported quarterly EPS of $2.73, beating consensus, and revenue rose 92.4% year over year. Allison also paid a $0.29 quarterly dividend, while insiders adjusted holdings, including CEO David S. Graziosi selling shares.