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Zacks Investment Research upgraded Allison Transmission Holdings Inc (NASDAQ:ALSN) to Hold in a report released today.

Yesterday Allison Transmission Holdings Inc (NASDAQ:ALSN) traded 1.77% higher at $28.23. The company’s 50-day moving average is $27.76 and its 200-day moving average is $27.84. The last closing price is up 1.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 922,484 shares of the stock traded hands, down from an average trading volume of 1,236,820

Zacks Investment Research has upgraded Allison Transmission Holdings Inc (NASDAQ:ALSN) to Hold in a report released on 09/28/2016.

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Allison Transmission Holdings Inc (NASDAQ:ALSN)

Allison Transmission Holdings Inc has a 52 week low of $20.56 and a 52 week high of $30.52 with a P/E ratio of 28.81 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is $31.40 with 6 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Allison Transmission Holdings Inc (NASDAQ:ALSN)

Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Company operates through manufacture and distribution of fully-automatic transmissions segment. The Company's transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company's transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has developed over 100 different models that are used in over 2,500 different vehicle configurations.

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