Evercore ISI Group Raises Cummins (CMI) Price Target to $694 | C

NodeGuardian · 2026-03-12T23:43:05+00:00

Evercore ISI Group has boosted Cummins' price target to $694 with an "Outperform" rating, indicating strong confidence despite some bearish signals. This marks a 20.49% increase, aligning with a general analyst trend favoring Cummins.

NodeGuardian

2026-03-12 23:43:05

Abstract generation in progress

Evercore ISI Group has raised its price target for Cummins (CMI) to $694, maintaining an “Outperform” rating, reflecting strong confidence in the company’s future. This adjustment represents a 20.49% increase from the previous target and follows other analysts who have also increased their price targets for CMI recently. Cummins is a major manufacturer of engines and powertrain components, with a significant global presence, and despite potential downside suggested by GuruFocus’s GF Value, analysts largely maintain a positive “Outperform” consensus.

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