7 analysts have expressed a variety of opinions on Cummins (NYSE:CMI) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
2
0
4
1
0
Last 30D
0
0
1
0
0
1M Ago
0
0
1
0
0
2M Ago
1
0
1
1
0
3M Ago
1
0
1
0
0
Analysts have recently evaluated Cummins and provided 12-month price targets. The average target is $289.86, accompanied by a high estimate of $321.00 and a low estimate of $244.00. Observing a 11.27% increase, the current average has risen from the previous average price target of $260.50.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive Cummins. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
David Leiker
Baird
Lowers
Neutral
$295.00
$298.00
Jerry Revich
Goldman Sachs
Raises
Neutral
$306.00
$270.00
Tami Zakaria
JP Morgan
Raises
Underweight
$275.00
$245.00
Steven Fisher
UBS
Raises
Buy
$321.00
$254.00
Jamie Cook
Truist Securities
Announces
Hold
$303.00
-
David Raso
Evercore ISI Group
Raises
In-Line
$244.00
$231.00
Timothy Thein
Citigroup
Raises
Buy
$285.00
$265.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction ...Full story available on Benzinga.com
Related tickers: CMI.
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