Cummins (CMI), the American Fortune 500 corporation involved in engines manufacturing, has seen significant changes in its stock position as it undergoes strategic shifts. A strong trend of buying and selling of Cummins' shares is apparent amongst prominent investment firms like Westpac Banking Corp, Allianz SE, Franklin Resources Inc, and more. Citi's recent downgrading of the Cummins (NYSE:CMI) price target to $360 indicates wavering market sentiment. Meanwhile, growth indicators highlight Cummins as a strong growth stock. Cummins has announced the appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary. CMI has also introduced a new electric powertrain with Isuzu for North America and launched its next-generation 6.7L Turbo Diesel Pickup Engine System. The retirement of Sharon Barner, the former Chief Administrative Officer sparks a new era for the corporation. Furthermore, Cummins is advancing on the path to greener production with the initiation of Accelera operations producing electrolyzers in Minnesota.
Cummins CMI News Analytics from Thu, 01 Jun 2017 18:22:15 GMT to Sat, 05 Apr 2025 10:31:14 GMT -
Rating 6
- Innovation 6
- Information 8
- Rumor 4
