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Enter Symbol:
 
Cummins Inc. (CMI) [hlAlert]

Rating:
Buy CMI
down 7.88 %

Cummins Inc. (CMI) rated Buy with price target $158 by BofA/Merrill

Posted on: Monday,  Dec 16, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Cummins Inc. (NYSE: CMI) on 12/16/2013, when the stock price was $133.09. Since
then, Cummins Inc. has lost 7.88% as of 12/17/2015's recent price of $122.60.
If you would have followed this BofA/Merrill's recommendation on CMI, you would have lost 7.88% of your investment in 731 days.

Cummins Inc. is engaged in the designing, manufacturing, distributing and servicing diesel and natural gas engines, electric power generation systems and engine-related component products, including filtration and exhaust after treatment, fuel systems, controls and air handling systems. The Company sells its products to the original equipment manufacturers (OEMs), distributors and customers globally. The Company serves its customers through a network of more than 500 Company-owned and independent distributor locations and approximately 5,200 dealer locations in more than 190 countries and territories. The Company operates in four business segments: engine segment, power generation segment, components segment and the distribution segment.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2013 8:25 AM Buy
None
133.09 158.00
as of 8/27/2015
1 Week down  -1.19 %
1 Month down  -9.62 %
3 Months down  -14.39 %
1 YTD down  -13.03 %

(*) Stock Price at the time of the recommendation.
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