Bernstein Maintains Market Perform Rating on Cummins Following Updated 2030 Guidance
Bernstein SocGen Group has maintained a 'Market Perform' rating for Cummins Inc. (NYSE:CMI) with a $700 price target, following the company's updated guidance and Q1 earnings report. Despite an initial stock decline of 5% after raising its long-term outlook, Cummins reported increased revenues and adjusted net earnings in Q1.
Tickers: $CMI
Topics: Bernstein Cummins Earnings Hydrogen Stocks