After Altra Industrial Motion (AIMC) announced an agreement to combine Altra with four operating companies from Fortive's (FTV) Automation and Specialty platform, Stephens analyst Matt Duncan said he likes the deal from a strategic standpoint and sees significant long-term earnings upside from the transaction. However, the deal increases the risk profile for Altra shareholders "a good bit" due to the high leverage at closing and "rich price tag." Duncan keeps an Overweight rating on Altra shares, but lowered his price target to $52 from $56 as he thinks the "short-term shift to the risk profile can't be ignored."