CMI Maintained by UBS -- Price Target Lowered to $741
gurufocus.com · 2026-09-30
Cummins Inc. Analyst Rating Update On October 3, 2023, Cummins (CMI) had its rating maintained at "Buy" by UBS analyst Steven Fisher, though the price target
TickrTrends take: UBS lowered its price target for CMI to $741, which occurs within a context where TickrTrends currently assesses the stock as overvalued. For investors focused on valuation metrics, this analyst action represents a potential signal to monitor whether the stock's market price moves toward the revised target or whether the overvaluation assessment persists based on fundamental metrics in the Industrials sector. The combination of a lowered price target and an overvalued designation suggests divergence between where UBS sees fair value and where current market pricing stands.
Read the full story at gurufocus.com →
Is CMI undervalued? See TickrTrends' fair value analysis →