Citigroup Maintains Buy on Cummins, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein has maintained a 'Buy' rating on Cummins (NYSE:CMI) and raised the price target from $265 to $290.
July 18, 2023 | 4:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup has maintained a 'Buy' rating on Cummins and raised the price target from $265 to $290, which could potentially lead to an increase in the stock's price.
The raised price target by Citigroup indicates a positive outlook for Cummins. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100