Cummins Reports Strong Fourth Quarter and Full Year 2024 Results, Incurs Charges Associated with Reorganization of Accelera

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Cummins (CMI) PT Raised to $385 at CFRA

February 4, 2025 4:19 PM EST

CFRA analyst Stewart Glickman raised the price target on Cummins (NYSE: CMI) to $385.00 (from $345.00) while maintaining a Hold rating.

The analyst comments "We lift our 12-month target to $385 from $345, valuing shares at 14.6x our initiated 2026 EPS outlook of $26.40 (we lower our 2025 EPS estimate to... More