Loop Capital analyst Jeffrey Kauffman raised his price target for Cummins to $174 from $170 and reiterates a Buy rating on the shares following the company's Q4 results. Cummins' "mixed bag" included a lower than expected earnings report on weaker oil and gas demand, offset by a stronger than expected 2019 margin guidance on mostly cost-based initiatives, Kauffman tells investors in a post-earnings research note. Despite investor concerns about the North American truck cycle, the analyst sees continued opportunities for Cummins to grow earnings in the 2020-2022 timeframe through new business units, partnerships and new environmental standards globally. Yielding 3.5% at current valuation levels, Kauffman says the shares should be owned.