7/103 sources · 3 publishersUpdated Oct 12, 14:41 UTC
Citigroup upgrades Allison Transmission to Buy with $135 price target
Citigroup raised its rating on Allison Transmission to Buy from Neutral and set a new price target of $135. The upgrade follows a record second‑quarter and a recent 13.5% drop in the stock over the prior month. The firm also lifted its full‑year 2026 revenue guidance to a range of $5.8 billion‑$6.0 billion.
Why it matters
The $135 target suggests upside of roughly 23% from the current $109.86 price, which could attract buying interest. The higher revenue guidance signals improved demand expectations for the company's transmission products.
Key facts
- 1Citigroup upgraded Allison Transmission to a Buy rating and set a price target of $135.00. marketscreener.com
- 2The stock was trading at $109.86 at the time of the upgrade. gurufocus.com
- 3Allison Transmission had fallen about 13.5% over the month preceding the upgrade. investing.com
- 4The company raised its 2026 full‑year revenue guidance to $5.8 billion–$6.0 billion. investing.com
- 5The stock was 29.8% below GuruFocus’s GF Value™ of $156.46. gurufocus.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.