Credit Suisse Maintains Outperform on Cummins, Raises Price Target to $307
Credit Suisse analyst Jamie Cook maintains Cummins (NYSE:CMI) with a Outperform and raises the price target from $300 to $307.
Cummins Beats On Top And Bottom Lines; May Spin Off Filtration Unit
Engine maker and power distribution company Cummins Inc. reported a widespread recovery in Q2 sales and income across the board as it topped analyst estimates for revenue and income.
Cummins Q2 EPS $4.10 Beats $4.03 Estimate, Sales $6.10B Beat $5.99B Estimate
Cummins (NYSE:CMI) reported quarterly earnings of $4.10 per share which beat the analyst consensus estimate of $4.03 by 1.74 percent. This is a 110.26 percent increase over earnings of $1.95 per share from the same
5 Stocks To Watch For August 3, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Alibaba Group Holding Ltd - ADR (NYSE: BABA) to report quarterly earnings at $2.24 per share on revenue of $32.54 billion before the opening bell. Alibaba shares rose 0.3% to $200.69 in after-hours trading.
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Hydrogen On The Highway: Cummins And Air Products Plan Fleet Conversion
What better way to transport hydrogen than in a hydrogen-powered fuel cell truck?
That's what engine and power company Cummins Inc. and Air Products and Chemicals, the world's largest producer of hydrogen, are planning for about 2,000 trucks that Air Products uses globally.
Air Products Reports Partnership With Cummins To Accelerate Development, Deployment Of Hydrogen Fuel Cell Trucks
Air Products (NYSE:APD), a world leader in the supply and transport of hydrogen, and Cummins Inc., a global power and hydrogen technologies leader, jointly announce the signing of a memorandum of understanding
Where Cummins Stands With Analysts
Within the last quarter, Cummins (NYSE:CMI) has observed the following analyst ratings:
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Cowen & Co. Upgrades Cummins to Outperform, Announces $284 Price Target
Cowen & Co. analyst Matt Elkott upgrades Cummins (NYSE:CMI) from Market Perform to Outperform and announces $284 price target.