Is Cummins Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: CMI) stock is to Hold CMI stock.
Out of 4 analysts, 0 (0%) are recommending CMI as a Strong Buy, 1 (25%) are recommending CMI as a Buy, 3 (75%) are recommending CMI as a Hold, 0 (0%) are recommending CMI as a Sell, and 0 (0%) are recommending CMI as a Strong Sell.
According to 4 Wall Street analysts that have issued a 1 year CMI price target, the average CMI price target is $261.00, with the highest CMI stock price forecast at $291.00 and the lowest CMI stock price forecast at $231.00.
On average, Wall Street analysts predict that Cummins's share price could reach $261.00 by Feb 16, 2024. The average Cummins stock price prediction forecasts a potential upside of 9.26% from the current CMI share price of $238.88.
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