Cummins poised to expand margins, says Citigroup After meeting with Cummins' CEO, Citigroup believes expectations for the company are "reasonably low," while its margins are poised to expand through 2013 and into next year. The firm maintains a Buy rating.
News For CMI From The Last 14 Days
Check below for free stories on CMI the last two weeks.
Cummins 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.