Cummins shares are trading higher after Barclays raised its price target on the stock from $259 to $310.
Portfolio Pulse from Benzinga Newsdesk
Cummins shares are trading higher after Barclays raised its price target on the stock from $259 to $310.
August 06, 2024 | 5:27 pm
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POSITIVE IMPACT
Cummins shares are trading higher after Barclays raised its price target on the stock from $259 to $310.
The increase in the price target by Barclays is a positive signal to investors, suggesting that the stock is undervalued and has potential for growth. This is likely to drive short-term buying interest and push the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100