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JPMorgan Downgrades Allison Transmission (ALSN) to Underweight

February 16, 2018 4:40 AM EST

JPMorgan downgraded Allison Transmission (NYSE: ALSN) from Neutral to Underweight with a price target of $38.00 (from $41.00).

Analyst Ann Duignan is incrementally more negative noting that margins have likely peaked. The analyst also belives that risks to the business are skewed to the... More