On Oct 30, major Wall Street analysts update their ratings for $Allison Transmission (ALSN.US)$, with price targets ranging from $77 to $115.
Morgan Stanley analyst Angel Castillo maintains with a hold rating, and maintains the target price at $103.
BofA Securities analyst Sherif El-Sabbahy maintains with a sell rating, and adjusts the target price from $56 to $77.
Baird analyst Luke Junk maintains with a hold rating, and adjusts the target price from $90 to $108.
Oppenheimer analyst Ian Zaffino maintains with a buy rating, and adjusts the target price from $90 to $115.
Furthermore, according to the comprehensive report, the opinions of $Allison Transmission (ALSN.US)$'s main analysts recently are as follows:
The third quarter for Allison Transmission was noted as 'another beat and raise', leading to an increase of approximately 1% in the top-line estimate for 2024 and a 3% rise in the projected adjusted EBITDA for the same year, following the company's quarterly report. Allison is recognized as gaining from the prolonged demand in the vocational truck sector, which is demonstrating greater resilience and justifies a higher valuation multiple. However, there remain apprehensions regarding the company's margin progression from one cycle to the next.
Allison Transmission's third-quarter performance surpassed expectations, bolstered by vigorous demand in both North American and International On-Highway, as well as the Defense sectors. This robust quarter led to an increased forecast for FY24, reflecting confidence in the ongoing strength in the North American On-Highway market.
The firm has expressed continued approval of the near-term fundamentals, and their overall sentiment has become more positive following the third-quarter results, which surpassed the high expectations set for the company.
Here are the latest investment ratings and price targets for $Allison Transmission (ALSN.US)$ from 4 analysts:
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美東時間10月30日，多家華爾街大行更新了$艾里遜變速箱 (ALSN.US)$的評級，目標價介於77美元至115美元。
摩根士丹利分析師Angel Castillo維持持有評級，維持目標價103美元。
美銀證券分析師Sherif El-Sabbahy維持賣出評級，並將目標價從56美元上調至77美元。
貝雅分析師Luke Junk維持持有評級，並將目標價從90美元上調至108美元。
奧本海默控股分析師Ian Zaffino維持買入評級，並將目標價從90美元上調至115美元。
此外，綜合報道，$艾里遜變速箱 (ALSN.US)$近期主要分析師觀點如下：
艾裏遜變速箱的第三季度被認爲是「又一次超預期並提高」，導致2024年的頂線預估增長約1%，預期調整後的EBITDA也上升了3%，這在公司的季度報告後體現出來。艾裏遜被認爲受益於職業貨車行業持續需求的增長，展現出更強的韌性，並證明了更高的估值倍數。然而，對於公司利潤水平從一個週期到下一個週期的增長仍存在擔憂。
艾裏遜變速箱的第三季度表現超出預期，得益於北美和國際公路以及國防板塊的強勁需求。這一強勁的季度導致了FY24的增量預測，反映出對北美公路市場持續強勁的信心。
該公司表示繼續認可短期基本面，他們在第三季度超越了設定給公司的高預期後，整體情緒變得更爲積極。
以下爲今日4位分析師對$艾里遜變速箱 (ALSN.US)$的最新投資評級及目標價：
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