Credit Suisse Maintains Outperform on Cummins, Lowers Price Target to $288
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Jamie Cook maintains an Outperform rating on Cummins (NYSE:CMI) but lowers the price target from $290 to $288.
August 04, 2023 | 3:32 pm
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Credit Suisse maintains an Outperform rating on Cummins but lowers the price target from $290 to $288.
The news is directly related to Cummins (CMI). While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the decrease in the price target is minimal.
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IMPORTANCE 80
RELEVANCE 100