Brokerages lift Cummins PT as quarterly results tops estimates
07/11/2025 12:43
** Brokerages raise PT on Cummins CMI.N after the U.S. truck engine maker posted third-quarter earnings above Wall Street estimates on Thursday ** Jefferies expect truck demand to recover in coming years as policy clarity improves ** Citi expects co to deliver strong earnings growth over the next two years, driven by rising power generation demand and improving margins ** Nine of 23 brokerages rate the stock "buy" or higher, thirteen "hold" and one "sell" ; their median PT is $460-data compiled by LSEG ** Stock up 32.8% YTD, as of last close
| Brokerages | New PT | Old PT | Upside from the stock's last close |
| Jefferies | $545 | $500 | 17.8% |
| Citi | $530 | $500 | 14.5% |
| JP Morgan | $485 | $460 | 4.8% |
| Truist | $522 | $434 | 12.8% |
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