Wells Fargo Sticks to Its Buy Rating for Atmus Filtration Technologies, Inc. (ATMU)

Wells Fargo analyst Joe O’Dea maintained a Buy rating on Atmus Filtration Technologies, Inc. (ATMU – Research Report) yesterday and set a price target of $28.00. The company’s shares closed last Friday at $29.50.

O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Emerson Electric Company. According to TipRanks, O’Dea has an average return of 9.6% and a 60.51% success rate on recommended stocks.

In addition to Wells Fargo, Atmus Filtration Technologies, Inc. also received a Buy from Northland Securities’s Bobby Brooks, CFA in a report issued on March 20. However, on March 15, Northland Securities maintained a Hold rating on Atmus Filtration Technologies, Inc. (NYSE: ATMU).

ATMU market cap is currently $2.46B and has a P/E ratio of 14.35.

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Atmus Filtration Technologies, Inc. (ATMU) Company Description:

Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. It offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, and coolants, as well as fuel additives. The company’s products are used in on-highway and off-highway commercial vehicles; and agriculture, construction, mining, and power generation vehicles and equipment. It serves original equipment manufacturers, dealers/distributors, and end-users. The company was founded in 1958 and is headquartered in Nashville, Tennessee. Atmus Filtration Technologies Inc. operates as a subsidiary of Cummins Inc.