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Cummins (NYSE:CMI) Lowered to “Hold” Rating by Zacks Research
['Tristan Rich']
Markets Daily
Cummins (NYSE:CMI – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.
Barclays boosted their price target on Cummins from $546.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd.
Finally, Wall Street Zen raised shares of Cummins from a “hold” rating to a “buy” rating in a report on Saturday, November 15th.
Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock.
According to data from MarketBeat, Cummins has an average rating of “Moderate Buy” and an average price target of $522.07.