Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

UBS Downgrades Cummins, Cuts Price Target by 18%

UBS CMI North America Cummins Inc NYSE

UBS downgraded Cummins Inc (NYSE:CMI) to Neutral from Buy and reduced the price target to $214 (an upside of 5%) from $260.
Analyst Steven Fisher mentions that the North America truck cycle will peak in 2023, with North America trucker profitability expected to peak in 2022 and new emissions regulations in 2024 pushing a pre-buy.
The analyst thinks that the stock's risk/reward is relatively balanced in the nearer term.
Price Action: CMI shares are trading lower by 1.04% at $203.27 on the last check Friday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Rubi Vergara’s uncle, Andrew Remus, said that Natalie Rupnow’s family ‘lost a daughter too’

The Independent UK

CJ Stroud, Texans Teammates Emotionally React to Tank Dell Injury After Loss to Chiefs

CJ Stroud, Texans Teammates Emotionally React to Tank Dell Injury After Loss to Chiefs

Dell was taken to the hospital after suffering a devastating knee injury.

Sports Illustrated

Related Stories

Top stories on inkl right now

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Rubi Vergara’s uncle, Andrew Remus, said that Natalie Rupnow’s family ‘lost a daughter too’

The Independent UK

CJ Stroud, Texans Teammates Emotionally React to Tank Dell Injury After Loss to Chiefs

CJ Stroud, Texans Teammates Emotionally React to Tank Dell Injury After Loss to Chiefs

Dell was taken to the hospital after suffering a devastating knee injury.

Sports Illustrated

Our Picks

“Crowds would get agitated as soon as they heard Slash’s intro riff”: Duff McKagan on the making of a Guns N’ Roses classic

How a song about the “hardscrabble lives” of the fledgling rockers became a timeless rock anthem

'Stranger Things' cast pens emotional notes after final season production wraps

Netflix recently announced that the production of Stranger Things season five has officially wrapped. Read further on Dynamite News:

Mufasa: The Lion King review – technically dazzling Disney origin story lacks soul

Moonlight director Barry Jenkins’s all-action tale boasts uncanny CGI effects and songs by Lin-Manuel Miranda, but the screenplay is schmaltzy and derivative

The Guardian - UK

How to watch or stream Sunday’s Week 16 games of the NFL’s 2024-2025 football season live, online, and free without cable

It’s a holiday feast of football!

Tina Fey and Tom Hanks among stars to induct Martin Short into Saturday Night Live's Five-Timers Club

Tom Hanks, Tina Fey, Alec Baldwin and Scarlett Johansson were among the stars to induct Martin Short into the 'Saturday Night Live' Five-Timers Club on Saturday (21.12.24).

FDA restricts psychoactive mushroom used in some edibles

The regulator warned food manufacturers that Amanita muscaria – more commonly known as the fly agaric – and the compounds it contains are not authorized to use

The Independent UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play