Mizuho Securities raised its price target on Allison Transmission (NYSE: ALSN) to $60.00 (from $50.00) while maintaining a Buy rating.

ANalyst Kristine Kubacki comments "We were bullish coming into ALSN’s report, but frankly we were even surprised at the broad positive performance of ALSN’s global product portfolio." The analyst is raising FY 2018/2019 EPS estimates also.