UPDATE: Goldman Sachs Downgrades Cummins (CMI) to Buy

August 7, 2017 5:54 AM EDT
Get Alerts CMI Hot Sheet
Price: $587.68 -0.57%

Rating Summary:
    15 Buy, 20 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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(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.



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