J.P. Morgan Downgrades Allison Transmission to Neutral, Citing Macro Headwinds and Delayed Upside

Tuesday, Oct 28, 2025 11:33 am ET1min read

J.P. Morgan maintains a Neutral rating on Allison Transmission Holdings, citing macroeconomic factors and delayed upside potential. The analyst trimmed the 12-month price target from $95 to $90 and shifted the target horizon from December 2025 to December 2026. The firm believes the company's fortunes are tied to global truck orders, industrial capex, and trade policy swings.

J.P. Morgan Downgrades Allison Transmission to Neutral, Citing Macro Headwinds and Delayed Upside

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