UPDATE: Goldman Sachs Downgrades Cummins (CMI) to Buy
Get Alerts CMI Hot Sheet
Price: $587.68 -0.57%
Rating Summary:
15 Buy, 20 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
15 Buy, 20 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
(Updated - August 7, 2017 6:01 AM EDT)
Goldman Sachs downgraded Cummins (NYSE: CMI) from Conviction Buy to Buy with a price target of $192.00.
Analyst Jerry Revich remains positive on the company and the recovery in Machinery share of CapEx in the truck and commodity markets. He removes the name noting the YTD return profile for the stock.
For an analyst ratings summary and ratings history on Cummins click here. For more ratings news on Cummins click here.
Shares of Cummins closed at $160.16 Friday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Cummins (CMI) PT Lowered to $675 at Jefferies
- Netease Inc. (9999:HK) (NTES) PT Lowered to HK$226 at Macquarie
- Ferrovial SA (FER:SM) (FRRVF) Reiterated at Buy by UBS on Winning Bid For Tennessee Project
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT Change, Downgrades, Hot DowngradesRelated Entities
Goldman Sachs Conviction Buy List, Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share