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Fly News Breaks for February 7, 2019
CMI
Feb 7, 2019 | 08:29 EDT
As reported previously, Baird analyst David Leiker upgraded Cummins to Outperform from Neutral. The analyst said significant declines in truck orders increases the likelihood of the trucking cycle bottoming and the order decline has historically been a catalyst for the stocks. Leiker raised his price target to $195 from $144 on Cummins shares.
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