Truist is Bullish on Cummins Inc. (CMI)

On April 20, 2026, Truist expert Jamie Cook raised Cummins Inc. (NYSE:CMI)’s terms nonsubjective to $730 from $703. It retained a Buy standing connected the stock. Cook previewed first-quarter results for machinery and concern names, claiming strengthening conditions aft a three-year recession, citing a March U.S. Manufacturing PMI of 52.7, pursuing beardown readings successful January and February. The expert besides stated that transmission destocking has ended, and concern and cyclical markets, specified arsenic construction, mining equipment, commercialized vehicles, and semiconductors, are rebounding. However, she warned of risks from the Iran war.

On April 13, 2026, Wells Fargo lifted its terms nonsubjective for Cummins Inc. (NYSE:CMI) to $693 from $630. It maintained an Overweight rating. The steadfast claimed an optimistic fiscal show outlook, mentioning a supply-driven machinery recovery, broader non-residential improvement that extends into semiconductors, and improved currency conversion.

Cummins Inc. (NYSE:CMI) is simply a U.S.-based steadfast that designs, manufactures, and services diesel and earthy state engines, electrical and hybrid powertrains, and related components. Its segments see Engine, Distribution, Components, Power Systems, and Accelera.

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