CMI has been in the news 500% more than usual
May 27, 2025, 6:31 PM
-2.18%
What does CMI do
Cummins designs and manufactures diesel, natural gas, electric, and hybrid powertrains, along with components like filtration and fuel systems. Headquartered in Columbus, Indiana, it employs 75,500 people across five segments.
CMI has been in the news recently: Goldman Sachs upgraded Cummins to a "buy" rating and raised its price target to $431, citing strong demand for its power generation products, which suggests a potential 36% increase in value. Meanwhile, Piper Sandler maintains an overweight rating on Nvidia, advising investors to remain invested despite market uncertainties.
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