Cummins Inc. (NYSE:CMI) has been in the news lately due to a variety of reasons. A well-known name in the heavy transportation equipment industry, it has gained attention from several investors and financial advisors. There have been numerous purchases and acquisitions of Cummins stock by names like
North Forty Two & Co,
Twin Tree Management LP, and
Advisors Asset Management Inc. Additionally, teachers' retirement systems and other institutionally held entities have also raised stakes, demonstrating a marked interest in Cummins' financial journey. Yet, there are concerns with Bronstein, Gewirtz & Grossman, LLC announcing an investigation against Cummins encouraging investors to delve deeper. Amidst these financial events, the company has also announced the retirement of Chief Administrative Officer
Sharon Barner. Cummins has been reassessed by Q4 Earnings, UBS, and JPMorgan Chase & Co., experiencing some fluctuating price targeting. Despite regulatory tightenings and ongoing market challenges, Cummins remains innovative with announcements like the launch of its B7.2 diesel engine and next-generation 6.7L turbo diesel pickup engine system. Ultimately, the decision to invest in Cummins may rely heavily on continued financial analyses.
Cummins CMI News Analytics from Thu, 01 Jun 2017 18:22:15 GMT to Sat, 22 Mar 2025 17:54:25 GMT -
Rating -2
- Innovation 6
- Information 6
- Rumor -1
