Goldman Sachs Maintains Neutral on Cummins, Raises Price Target to $306
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Cummins (NYSE:CMI) and raises the price target from $270 to $306.
April 16, 2024 | 1:37 pm
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Goldman Sachs maintains a Neutral rating on Cummins but raises the price target from $270 to $306.
The increase in the price target by Goldman Sachs suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100