NYSE:CMIMachinery
Cummins (CMI): Valuation Check After $500 Million U.S. Army Deal and Recent Analyst Upgrades
Cummins (CMI) just locked in a $500 million contract with the U.S. Army for mobile power generators, a deal that reinforces its core power systems franchise and gives investors a fresh earnings catalyst.
See our latest analysis for Cummins.
The Army deal lands after a run of upbeat developments, including recent analyst upgrades, and helps extend what has already been a powerful move, with Cummins delivering a roughly mid-20s three-month share price return and a strong triple-digit three-year...