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Fly News Breaks for March 18, 2015
ALSN
Mar 18, 2015 | 07:01 EDT
Morgan Stanley upgraded Allison Transmission to Overweight based on best-in-class free-cash-flow conversion, strong management execution, end markets that are not near a cyclical peak, traction in fully automatic transmission technology, potential cash returns to shareholders and valuation. Morgan Stanley raised its price target to $38 from $34.
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