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Fly News Breaks for March 15, 2016
ELY, TPX, REGN, PII, ALSN
Mar 15, 2016 | 10:19 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Allison Transmission (ALSN) initiated with an Outperform at RBC Capital by analyst Seth Weber, who said the company has preferred exposure to the fully automatic commercial-duty transmission end market while best in class EBITDA margin support strong free cash flow and capital allocation opportunities. 2. Polaris Industries (PII) initiated with a Buy at Lake Street with analyst Chris Krueger citing strong long-term growth, balance sheet, and cash flows. 3. Regeneron (REGN) initiated with a Buy at Gabelli by analyst Jing He, who said valuation is supported by Regeneron's long-term growth potential of blockbuster drug Eylea for the treatment of retinal diseases, and expected key growth drivers praluent, dupilumab and sarilumab. 4. Tempur Sealy (TPX) initiated with a Buy at Longbow with analyst Mark Rupe saying the company is poised to beat 2016 consensus EBITDA estimates, and longer-term, has significant growth opportunities internationally. 5. Callaway Golf (ELY) initiated with an Outperform at Imperial Capital. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For ALSN;PII;REGN;TPX;ELY From the Last 2 Days
ALSN
Apr 17, 2024 | 17:33 EDT
Allison Transmission partnered with SANY, a global heavy equipment manufacturer for the mining and construction markets, to integrate the Allison 4970 Specialty Series transmission into SANY's STC5000 500-ton all-terrain crane. These new cranes will be in operation in remote areas of China including the desert and mountain terrain. "Our off-highway vehicles require a powerful transmission designed to meet the challenge of navigating difficult terrain," said Du Jian, R&D Director of Crane Chassis, SANY. "We selected the Allison 4970 SP due to its proven ability to increase vehicle productivity and maneuverability." In addition to SANY's STC5000 crane, Allison is also the propulsion solution provider for the company's SAC600E 60-ton crane.