Morgan Stanley Sticks to Their Hold Rating for Allison Transmission Holdings (ALSN)

By Austin Angelo

Morgan Stanley analyst Courtney Yakavonis maintained a Hold rating on Allison Transmission Holdings (ALSNResearch Report) today and set a price target of $50.00. The company’s shares closed last Monday at $49.22.

According to, Yakavonis is a 1-star analyst with an average return of -5.3% and a 33.3% success rate. Yakavonis covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Timken Company, and Caterpillar.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allison Transmission Holdings with a $50.20 average price target.

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Based on Allison Transmission Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $669 million and net profit of $149 million. In comparison, last year the company earned revenue of $692 million and had a net profit of $167 million.

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Allison Transmission Holdings, Inc. engages in the manufacture and distribution of fully-automatic transmissions. Its products include on-highway, off-highway, and tracked military. The company was founded in 1915 and is headquartered in Indianapolis, IN.