Cummins Inc. (CMI) has been at the center of market interest recently due to various reason. Financial advisory firms, Barclays, Citi, and Raymond James have
upgraded their ratings and
price targets for CMI.
Machinery demand is improving, and CMI has reported strong operating results during the past quarters, including better-than-expected sales in Q3. The company is also seen as an attractive bet for investors, with considerable
returns observed over the past five years. Additionally, Cummins has been gaining notable traction from its involvement in emissions reduction and Hydrogen engine initiatives. There is a growing appreciation for the company's role as an essential resource for data centers. Moreover, CMI's share price has surged, and their stock consistently performs well, attracting further investments from numerous finance advisories and wealth management firms. Even so, Jim Cramer of
Mad Money recommends Deere over Cummins, but acknowledges the latter's significant data center exposure. Despite minor setbacks with its hydrogen business, the firm's investor interest remains high.
Cummins CMI News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Fri, 26 Dec 2025 09:07:21 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -7