JPMorgan analyst Tami Zakaria has adjusted the price target for Atmus Filtration (ATMU, Financial), reducing it from $46 to $38. This adjustment comes as part of a broader review of the trucks and rail supplier sector for the first quarter. Despite the lower price target, the analyst maintains an Overweight rating on Atmus shares.
The decision follows an update from JPMorgan economists, who have increased the likelihood of a contraction in the U.S. GDP during the latter half of 2025. In anticipation of this potential economic slowdown, JPMorgan has revised its forecast for North American truck production. The new projection indicates a 20% year-over-year decrease, with estimates lowered to 265,000 units from the previous estimate of 299,000 units.
This outlook has prompted JPMorgan to adjust its forecasts and price targets not only for Atmus Filtration but also across the entire sector. The adjustments reflect growing concerns about economic headwinds that could impact demand in the trucks and rail industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Atmus Filtration Technologies Inc (ATMU, Financial) is $44.33 with a high estimate of $49.00 and a low estimate of $39.00. The average target implies an upside of 31.87% from the current price of $33.62. More detailed estimate data can be found on the Atmus Filtration Technologies Inc (ATMU) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Atmus Filtration Technologies Inc's (ATMU, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
