Truist Securities Maintains Hold on Cummins, Raises Price Target to $349
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Hold rating on Cummins (NYSE:CMI) and raises the price target from $315 to $349.
August 05, 2024 | 1:50 pm
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Truist Securities maintains a Hold rating on Cummins and raises the price target from $315 to $349.
The raised price target from $315 to $349 suggests a positive outlook on Cummins' future performance, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100