Citi raises Cummins' PT on strong 2026 growth optimism
ReutersJan 12, 2026 1:13 PM
Citi raises PT on U.S. truck engine maker Cummins CMI.N PT to $630 from $580, on the back of strong earnings growth expectations for co in 2026 and 2027
New PT represents 14.1% upside on stock's last close
"We see a path to double-digit percentage earnings growth in 2026 and 2027, underpinned by our expectations for robust power generation growth and margin expansion across all segments," brokerage says
13 of 23 brokerages rate stock "buy" or higher, and 10 "hold"; their median PT is $540 - LSEG-compiled data
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