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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:47 EDTCMICummins remains a Top Idea, says RW Baird
Baird said Cummins remains a Top Idea following solid Q4 results. The firm cited rising China truck demand, recovery of construction, and North American truck demand improving more than expected. Shares are Outperform rated with a $130 price target.
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September 19, 2014
11:11 EDTCMICaterpillar sales trends for August mixed, says Wells Fargo
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September 16, 2014
09:59 EDTCMIOn The Fly: Analyst Downgrade Summary
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05:32 EDTCMICummins downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Cummins to Market Perform on concerns the company will struggle to meet 2015 consensus expectations due to emerging market demand weakness, slower power generation improvement and warranty accrual headwinds in Engines. Wells lowered its price target range for shares to $145-$148 from $170-$173.

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