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

Rating:
Outperform
CMI
up 33.40 %

Cummins Inc. (CMI) rated Outperform with price target $125 by Boenning & Scattergood

Posted on: Tuesday,  Dec 14, 2010  12:25 PM ET by Boenning & Scattergood

Boenning & Scattergood rated Outperform Cummins Inc. (NYSE: CMI) on 12/14/2010, when the stock price was $108.77. Since
then, Cummins Inc. has gained 33.41% as of 08/29/2014's recent price of $145.11.
If you would have followed this Boenning & Scattergood's recommendation on CMI, you would have gained 33.4% of your investment in 1354 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.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2010 12:25 PM Buy
None
108.77 125.00
as of 12/31/2010
1 Week down  -5.28 %
1 Month down  -3.42 %
3 Months   
1 YTD down  -3.42 %

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