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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100