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

In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Buy rating on Atmus Filtration Technologies, Inc. (ATMUResearch Report), with a price target of $37.00. The company’s shares closed last Friday at $30.87.

O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Lennox International. According to TipRanks, O’Dea has an average return of 7.7% and a 56.59% success rate on recommended stocks.

Atmus Filtration Technologies, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $34.83, implying a 12.83% upside from current levels. In a report released on April 17, Robert W. Baird also maintained a Buy rating on the stock with a $37.00 price target.

ATMU market cap is currently $2.57B and has a P/E ratio of 15.02.

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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.

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