Cummins (CMI) Q1 Revenue Tops Views, Raises FY Outlook

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UBS Downgrades Cummins (CMI) to Sell

May 2, 2018 6:04 AM EDT

UBS downgraded Cummins (NYSE: CMI) from Neutral to Sell with a price target of $136.00 (from $176.00).

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 $153.28 yesterday.

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Wells Fargo Downgrades Cummins (CMI) to Market Perform

May 2, 2018 1:27 AM EDT

Wells Fargo downgraded Cummins (NYSE: CMI) from Outperform to Market Perform with a price target of $165.00 (from $195.00).

The analyst believes NAFTA and China on-highway truck markets appear to be reaching a peak. The analyst suspects investors will not warrant a higher multiple to... More