Raymond James initiated coverage on Allison Transmission with a new price target
$ALSN
Auto Parts:O.E.M.
Consumer Discretionary
Raymond James initiated coverage of Allison Transmission with a rating of Outperform and set a new price target of $85.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2024 | $85.00 | Outperform | Raymond James |
| 6/26/2024 | $80.00 | Neutral | Citigroup |
| 1/8/2024 | $62.00 | Equal-Weight | Morgan Stanley |
| 10/16/2023 | $63.00 → $70.00 | Underweight → Neutral | JP Morgan |
| 2/22/2022 | $48.00 | Outperform → Neutral | Credit Suisse |
| 2/17/2022 | $30.00 → $31.00 | Underweight | Morgan Stanley |
| 12/9/2021 | $37.00 → $30.00 | Equal-Weight → Underweight | Morgan Stanley |
| 10/29/2021 | $45.00 → $44.00 | Outperform | Credit Suisse |
Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business Strengthens balance sheet through substantial debt reductionPositions Dana with a streamlined go-to-market approach dedicated to on-highway light- and commercial-vehicle customersAnnouncing a new $1 billion capital return authorization through 2027 with $550 million of capital return to shareholders at or before closing of the Off-Highway business saleMAUMEE, Ohio, June 11, 2025 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced that it has reached a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings, Inc. (NYSE: ALSN; "Allison") for $2.7 billion. This represents 7x
INDIANAPOLIS, June 11, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE:ALSN) today announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion. This acquisition aligns with Allison's strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results. Upon completion of the transaction, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide. "This acquisition marks a transformative milestone in ou
A Sustainable and Efficient Solution for Waste Management Applications INDIANAPOLIS, May 20, 2025 /PRNewswire/ -- Allison Transmission, a world leader in commercial vehicle transmissions, is excited to announce that its 3000 Series™ automatic transmission is now available in the CNG-powered Mack Granite® for waste management customers. This latest release follows the successful launch of the Allison 4500 Rugged Duty Series™ transmission with the Mack Granite CNG in 2023. "This expanded powertrain option gives our customers more flexibility to optimize their trucks specifically for lighter duty waste applications," said Jonathan Randall, president, Mack Trucks North America. "By offering the
8-K - Allison Transmission Holdings Inc (0001411207) (Filer)
8-K - Allison Transmission Holdings Inc (0001411207) (Filer)
SD - Allison Transmission Holdings Inc (0001411207) (Filer)
4 - Allison Transmission Holdings Inc (0001411207) (Issuer)
4 - Allison Transmission Holdings Inc (0001411207) (Issuer)
4 - Allison Transmission Holdings Inc (0001411207) (Issuer)
Raymond James initiated coverage of Allison Transmission with a rating of Outperform and set a new price target of $85.00
Citigroup initiated coverage of Allison Transmission with a rating of Neutral and set a new price target of $80.00
Morgan Stanley initiated coverage of Allison Transmission with a rating of Equal-Weight and set a new price target of $62.00