Atmus Filtration falls after Wells Fargo downgrades to 'equal weight' rating

Atmus Filtration Technologies

11/11/2024 18:07

** Atmus Filtration Technologies  ATMU.N  shares down ~2.7%
to $43.07
    ** Wells Fargo downgrades ATMU to "equal weight" from
"overweight" rating
    ** Brokerage expects flattish top line trends over the next
several quarters
    ** Tariff considerations present overhang risk on
uncertainty heading into the transition to a Trump
administration — Wells Fargo
    ** All 7 brokerages rate the stock "buy" or higher; their
median PT is $49 — LSEG compiled data
    ** Including session's moves, stock up ~83% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)
 ((Prakhar.srivastava2@thomsonreuters.com))