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J.P. Morgan Remains a Hold on Allison Transmission Holdings (ALSN)

Tipranks - Tipranks - Thu Mar 5, 6:14AM CST

In a report released today, Tami Zakaria from J.P. Morgan maintained a Hold rating on Allison Transmission Holdings, with a price target of $130.00.

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In addition to J.P. Morgan, Allison Transmission Holdings also received a Hold from Citi’s Kyle Menges in a report issued on February 25. However, on February 24, Bank of America Securities reiterated a Sell rating on Allison Transmission Holdings (NYSE: ALSN).

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Based on Allison Transmission Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $737 million and a net profit of $99 million. In comparison, last year the company earned a revenue of $796 million and had a net profit of $175 million

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