UPDATE: KeyBanc Capital Markets Initiates Hold, on Allison Transmission Holdings: Tempered Outlook

KeyBanc Capital Markets initiates its coverage on Allison Transmission Holdings (NYSE: ALSN) with a Hold rating as outlook appears tempered in end markets.

KeyBanc Capital Markets says, "End market outlook is tempered as momentum in Commercial Vehicle production in North America appears to have slowed, and some headwinds could persist in declining Military and Hybrid Bus revenue and a near-term deterioration in natural gas drilling."

ALSN closed at $21.90 on Monday.