Citi analyst Kyle Menges lowered the firm’s price target on Allison Transmission (ALSN) to $115 from $120 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q4 report. Management called out raw material costs and lower volume decrementals as margin drags in 2025, the analyst tells investors in a research note. Citi views Allison’s guidance as “conservative-leaning,” but acknowledges downside risks to North America on-highway volumes and margins, particularly with U.S. tariffs on aluminum and steel looming.
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Read More on ALSN:
- Allison Transmission Reports Record 2024 Earnings
- Closing Bell Movers: Upstart jumps 24%, Lyft slip 9% on earnings
- Allison Transmission reports Q4 EPS $2.01, consensus $1.93
- Allison Transmission sees FY25 revenue $3.2B-$3.3B, consensus $3.38B
- Allison Transmission sees FY25 net cash from operations $800M-$860M
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