Raymond James Initiates Coverage On Cummins with Market Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Tim Thein has initiated coverage on Cummins (NYSE:CMI) with a Market Perform rating.
June 28, 2024 | 12:16 pm
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NEUTRAL IMPACT
Raymond James has initiated coverage on Cummins with a Market Perform rating, indicating a neutral stance on the stock.
The Market Perform rating suggests that the analyst expects Cummins to perform in line with the market. This neutral stance is unlikely to cause significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100