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Cummins Inc. (NYSE:CMI) Receives Upgraded Rating from Barclays
Financial Modeling Prep· 2025-12-19 17:00
Core Viewpoint - Cummins Inc. is recognized as a strong value stock with a positive outlook from Barclays, indicating potential for stock outperformance in the market [2][3]. Company Overview - Cummins Inc. is a global leader in the design, manufacture, and distribution of engines, filtration, and power generation products, serving customers in over 190 countries [1]. - The company competes with major players like Caterpillar and General Electric in the power solutions market [1]. Stock Performance - Barclays upgraded Cummins from an Equal Weight to an Overweight rating on December 19, 2025, reflecting increased confidence in the company's future performance [2]. - The stock price at the time of the upgrade was $500.61, which represents a 0.64% increase from the previous trading session [3]. - The stock has fluctuated between a low of $498.16 and a high of $506.04 on the day of the report, with a yearly high of $526.50 and a low of $260.02, indicating significant volatility [3]. Market Capitalization and Trading Activity - Cummins has a market capitalization of approximately $68.9 billion, highlighting its substantial presence in the industry [4]. - The trading volume of 919,366 shares indicates active trading and continued investor interest in Cummins' future prospects [4].