Morgan Stanley Cuts Jackson Financial Price Target Amid Industry Cycle Shifts

Northland raised its price target on Atmus Filtration Technologies Inc. (NYSE:ATMU) to $59 from $50, maintaining an Outperform rating. The firm praised the company's "stellar execution and solid shareholder returns" despite facing weak end-markets since going public. Atmus also announced an agreement to acquire Koch Filter for $450 million and reiterated its revenue guidance for 2025. The company specializes in designing, manufacturing, and selling filtration products for heavy-duty vehicles and industrial equipment.