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-0.000612453215379487 0.000503961502940678 0.00240120546347157 0.0040538569970348 0.0048315753657707 0.00638701210324205 0.00605648179652945 0.00782579108540315
Stock impact report

Citi Raises Cummins (CMI) PT as Machinery Demand Outlook Improves [Yahoo! Finance]

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Inc. (NYSE:CMI) stock to $580 from $530 while keeping a Buy recommendation. The change was part of Citi updating its financial models for the machinery industry looking ahead to 2026. The bank stated that it sees good value in the machinery sector overall and has strong belief in growth for construction and mining areas starting next year. However, it noted that agriculture and truck markets may face short-term difficulties. Pixabay/Public Domain Earlier that day, on December 11, Barclays reaffirmed a Hold rating on the stock and kept the price target at $515. And on November 25, UBS upgraded Cummins stock rating to Neutral from Sell and increased the price target to $500 from $350. According to the bank, the upgrade was based on the view that the truck market cycle will reach its lowest point in 2026, making the stock's risks and potential rewards more even. UBS analysts see possible lower results than expected for Cummins' engine and parts businesses in the first half of 2026. Show less Read more
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