UBS Maintains Neutral on Cummins, Lowers Price Target to $235
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Joseph Parkhill maintains a Neutral rating on Cummins (NYSE:CMI) and lowers the price target from $260 to $235.

May 31, 2023 | 12:36 pm
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UBS analyst Joseph Parkhill maintains a Neutral rating on Cummins and lowers the price target from $260 to $235.
The news directly mentions Cummins (CMI) and the lowered price target by UBS analyst Joseph Parkhill. This may cause some short-term uncertainty among investors, but the Neutral rating suggests that the overall outlook for the stock remains unchanged. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100