Atmus Filtration price target raised to $29 from $28 at Baird

Baird analyst Robert Mason raised the firm’s price target on Atmus Filtration (ATMU) to $29 from $28 and keeps an Outperform rating on the shares. The firm said they posted a solid finish to the year and while Cummins (CMI) share distribution will remove an overhang, shares offer future multiple expansion opportunity with crisp strategy/operational execution.