Atmus Filtration initiated with an Overweight at JPMorgan

JPMorgan analyst Tami Zakaria initiated coverage of Atmus Filtration with an Overweight rating and $28 price target. The “leading supplier” of filtration products for on-highway and off-highway commercial vehicles and equipment has the potential to accelerate growth through expansion in core and near-adjacent categories and to enter the broader industrial filtration market through M&A, the analyst tells investors.