Evercore ISI Group Maintains In-Line on Cummins, Raises Price Target to $294
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Raso maintains an In-Line rating on Cummins (NYSE:CMI) and raises the price target from $290 to $294.
August 19, 2024 | 2:00 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained its In-Line rating for Cummins and slightly increased the price target from $290 to $294, indicating a modestly positive outlook.
The increase in price target from $290 to $294 by Evercore ISI Group suggests a slightly positive sentiment towards Cummins' stock, which could lead to a minor upward movement in the stock price. The In-Line rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100