B of A Securities Upgrades Cummins to Buy, Announces $325 Price Target
B of A Securities analyst Ross Gilardi upgrades Cummins (NYSE:CMI) from Neutral to Buy and announces $325 price target.
Recap: Cummins Q1 Earnings
Shares of Cummins (NYSE:CMI) moved higher by 0.8% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 27.99% over the past year to $4.07, which beat the estimate of $3.47.
Earnings Scheduled For May 4, 2021
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.