Citigroup Maintains Buy on Cummins, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Buy rating on Cummins (NYSE:CMI) and raises the price target from $265 to $290.
July 17, 2023 | 3:31 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Cummins and raises the price target from $265 to $290, which could lead to a positive impact on the stock.
The raised price target by Citigroup indicates a positive outlook for Cummins. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100