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Fly News Breaks for September 5, 2017
CMI
Sep 5, 2017 | 07:56 EDT
Buckingham analyst Neil Frohnapple started coverage of Cummins with a $180 price target and a Buy rating. The analyst sees the stock as "an attractive avenue to play increasing North American commercial vehicle builds over the next few years and a recovery in global off-highway markets." He thinks that the stock's risk/reward ratio is positive.
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