Atmus Filtration price target raised to $38 from $36 at JPMorgan

JPMorgan raised the firm’s price target on Atmus Filtration to $38 from $36 and keeps an Overweight rating on the shares as part of a Q1 earnings preview the trucks group. The firm is positive into the print and raised estimates across the board. The cohort from the last Class 8 cycle peak is entering the replacement age, and demand remains resilient among less than truckload operators, the analyst tells investors in a research note.