Truist Raises its Price Target on Cummins (CMI)

On July 2, 2026, Truist raised the firm's terms people connected Cummins Inc. (NYSE:CMI) to $901 from $815 and kept a Buy standing connected the shares. Truist adjusted estimates and targets successful the machinery, infrastructure services, and multi-industry radical arsenic portion of a Q2 preview. The steadfast sees a affirmative setup for Q2 net reports crossed the sector, with request trends remaining beardown and supported by secular maturation tailwinds successful power, information center, aerospace and defense, and infrastructure.

On June 17, Wells Fargo raised the firm's terms people connected Cummins to $874 from $794 and kept an Overweight standing connected the shares. Wells Fargo cited a behind-the-meter premier powerfulness grant with Circe Energy for West Texas HPC information centers for Cummins' 78L and 60L products, implicit a twelvemonth earlier than expected. Wells Fargo besides sees further opportunities successful Alberta arsenic outlined astatine its conference.

On June 8, UBS upgraded Cummins to Buy from Neutral with a terms people of $850, up from $565. UBS cited the improving motortruck marketplace for the upgrade, on with double-digit maturation successful Cummins' powerfulness business, a supportive motortruck outlook, and the rollout of caller engines with much content. UBS said statement estimates underappreciate Cummins's imaginable upside from powerfulness and a much supportive motortruck cycle.

Cummins Inc. (NYSE:CMI) offers assorted powerfulness solutions worldwide.

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