J.P. Morgan Upgrades Atmus Filtration to Overweight Following $450m Koch Filter Acquisition Deal

Atmus Filtration Technologies (ATMU) surged 7.3% in Wednesday trading, capturing Wall Street’s attention after a pivotal upgrade from J.P. Morgan signaled that the company is shedding its image as a purely cyclical truck parts supplier. Analyst Tami Zakaria raised the firm’s rating to Overweight from Neutral and hiked the price target to $60 (up from […] The post J.P. Morgan Upgrades Atmus Filtration to Overweight Following $450m Koch Filter Acquisition Deal appeared first on Tekedia.

J.P. Morgan Upgrades Atmus Filtration to Overweight Following $450m Koch Filter Acquisition Deal

Atmus Filtration Technologies (ATMU) surged 7.3% in Wednesday trading, capturing Wall Street’s attention after a pivotal upgrade from J.P. Morgan signaled that the company is shedding its image as a purely cyclical truck parts supplier. Analyst Tami Zakaria raised the firm’s rating to Overweight from Neutral and hiked the price target to $60 (up from […]

The post J.P. Morgan Upgrades Atmus Filtration to Overweight Following $450m Koch Filter Acquisition Deal appeared first on Tekedia.

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