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Citi raised the firm’s price target on Allison Transmission (ALSN) to $125 from $115 and keeps a Neutral rating on the shares. The firm updated its commercial vehicle models and introduced 2027 estimates. Citi anticipates an EPA’27 pre-buy to drive North America class 8 builds of 350,000 units in 2026, but says a pre-buy hangover will result in builds of just 235,000 in 2027. A likely 10%-15% increase in the cost of a MY27 tractor sleeper provides some offset, but the magnitude of decline in volumes is a lot for companies to overcome, the analyst tells investors in a research note.
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