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Fly News Breaks for February 2, 2018
CMI
Feb 2, 2018 | 07:33 EDT
Oppenheimer analyst Noah Kaye raised his price target for Cummins to $207 ahead of the company's Q4 results on Tuesday morning. The analyst says channel checks indicate prolonged growth for the North American heavy duty truck market into fiscal 2019. He also sees the company benefiting from a lower corporate tax rate. Kaye keeps an Outperform rating on Cummins.
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