Baird upgraded Cummins Inc. CMI from Neutral to Outperform.
The price target for Cummins has been raised from $154.00 to $166.00.
Cummins shares have dropped 4.13% over the past 52 weeks, while the S&P 500 index has surged 12.80% in the same period.
Cummins' shares rose 0.81% to $139.50 in pre-market trading.
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