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Fly News Breaks for November 25, 2019
CMI
Nov 25, 2019 | 09:19 EDT
RBC Capital analyst Seth Weber raised his price target on Cummins to $185 after its Analyst Day presentation, saying the commentary reflected on the company navigating its "peaking end markets". The analyst expects Cummins to be "better positioned" when the next up-cycle occurs, but the management's limited visibility with no formal 2020 outlook in its presentation warrants a maintained Sector Perform rating.
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