Cummins upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded Cummins citing expectations for a positive inflection in end market demand and the company's above market growth. Wells raised its price target range for shares to $168-$171 from $133-$136.
Cummins could rise over 15% in FY15, Barron's says Cummins shares could rise over 15% in FY15 as concerns look overdone, Barron's contends in a feature article. The company should benefit from the North American market and improvements in emerging markets, the paper adds. Reference Link