BofA raised the firm’s price target on Cummins (CMI) to $450 from $391 and keeps a Neutral rating on the shares. The firm updated estimates and price targets among its Machinery, Engineering and Construction, and Waste coverage ahead of earnings from the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMI:
- Cummins price target raised to $430 from $387 at Barclays
- Cummins price target raised to $460 from $400 at JPMorgan
- Symbotic, Serve Robotics, AeroVironment, aTyr Pharma, Cummins: Insider Moves Unveiled
- Cummins price target raised to $434 from $380 at Truist
- Trump Trade: U.S. acquires 10% stake in Trilogy Metals