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.
News For CMI From The Last 14 Days
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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.