Cummins Inc. (CMI) has witnessed notable
growth, evidenced by an 8.8% increase since the last earnings report. Several firms including
NBC Securities Inc., Intellectus Partners LLC and Curat Global LLC increased their stock holdings in Cummins. However, some firms such as Lmcg Investments LLC and J2 Capital Management Inc trimmed their stakes. A new investigation is being carried out by Bronstein, Gewirtz & Grossman, LLC into Cummins Inc., prompting shareholders to be vigilant.
Citigroup and Goldman Sachs have raised their price target for Cummins’ stock and upgraded it to 'Buy'. The company recently secured $2 Billion and $4 Billion credit agreements with JPMorgan.
Strong Tower Advisory Services and
GAMMA Investing LLC made significant purchases of Cummins shares.
Cummins has also declared a quarterly common stock dividend and reported its first quarter 2025 results where it surpassed Q1 earnings and revenue estimates. The company, however, withdrew its 2025 financial forecasts due to tariff woes. New appointments and product launches like the new B7.2 Diesel Engine for Medium-duty Applications also marked certain developments.
Cummins CMI News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 07 Jun 2025 09:38:38 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 4
