Truist Securities Maintains Hold on Cummins, Raises Price Target to $371
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Cummins (NYSE:CMI) while raising the price target from $349 to $371.
October 09, 2024 | 3:49 pm
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POSITIVE IMPACT
Truist Securities has maintained a Hold rating on Cummins and increased the price target from $349 to $371, indicating a positive outlook.
The increase in the price target from $349 to $371 suggests a positive outlook for Cummins, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100