Raymond James Raises Price Target on Cummins to $745
On May 26, 2026, Raymond James raised its price target for Cummins (CMI) from $675 to $745 and maintained an Outperform rating. The firm cited stronger long-term growth assumptions and a revised revenue outlook of $45B-$50B by 2030 as reasons for the upgrade.
Tickers: $CMI
Topics: analyst rating Cummins price target upgrade Raymond James