Allison Transmission (AALSN) PT, Estimates Cut at Credit Suisse Posts Q4; Maintains Bullish View

Credit Suisse analyst J. Cook cut estimate and his price target on Allison Transmission (NYSE: ALSN) to $37.00 (from $39.00) following Q4 results but maintained an Outperform rating.

The firm trimmed FY'15-'16 EPS estimates to $1.34 and $1.50 from $1.51 and $1.64 respectively and introduce FY'17 at $1.70.

The analyst remains positive on the stock as they believe it is oversold on guidance concerns.

For an analyst ratings summary and ratings history on Allison Transmission click here. For more ratings news on Allison Transmission click here.

Shares of Allison Transmission closed at $31.35 yesterday.

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