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

Rating:
Outperform
CMI
down 8.73 %

Cummins Inc. (CMI) rated Outperform by Wells Fargo

Posted on: Friday,  Feb 7, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Cummins Inc. (NYSE: CMI) on 02/07/2014, when the stock price was $134.33. Since
then, Cummins Inc. has lost 8.73% as of 12/17/2015's recent price of $122.60.
If you would have followed this Wells Fargo's recommendation on CMI, you would have lost 8.73% of your investment in 678 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2014 8:25 AM Buy
None
134.33
as of 10/17/2014
1 Week up  2.48 %
1 Month down  -4.93 %
3 Months down  -13.87 %
1 YTD down  -2.82 %

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