KeyBanc analyst Jeffrey Hammond downgraded Altra Industrial Motion to Sector Weight from Overweight without a price target. Around $400M of Altra's revenue, or 20% of total sales, derives from Class 8 Truck and Industrial-Germany, markets which could decline 15% year-over-year in 2020, Hammond tells investors in a research note. Despite resetting guidance a quarter ago, reports of weakening distributor sellout and continued uncertainty in Europe/China present incremental risk to the assumptions formed in late July, says the analyst. Amidst this backdrop, Hammond recommends waiting for a better entry point into Altra Industrial Motion shares.