Cummins Inc. (NYSE:CMI) shares are seeing significant activity both from selling and buying companies. The engine manufacturing giant is making strides with product innovation, launching a
new hydrogen turbocharger for European heavy-duty engines. Numerous entities including Stonebrook Private Inc., Fortem Financial Group and DekaBank Deutsche Girozentrale have made hefty
investments in Cummins , boosting the firm's market support. A recent price target for Cummins (NYSE:CMI) has been raised to $355.00 indicating optimistic forecasts. In announcements,
John Gaidoo and Nicole Y. Lamb-Hale have newly been appointed as vice president and chief legal officer, and chief administrative officer and corporate secretary respectively. However, Cummins is facing a lawsuit from a Buffalo manufacturer over $2M inventory costs and Bronstein, Gewirtz & Grossman, LLC has initiated an investigation into the company. Despite the challenges, Cummins' recent announcements of its next generation 6.7L turbo diesel pickup engine system for 2025 Ram Heavy Duty Trucks, and the securing of $2 Billion credit agreements with JPMorgan signal potential growth.
Cummins CMI News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Sun, 13 Jul 2025 00:15:26 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 2
