Deutsche Bank Predicts Upward Revision in Cummins' Guidance

Wednesday, 3 April 2024, 10:49

Deutsche Bank foresees a positive near-term trajectory for Cummins stock with expectations of an 8% beat in Q1 EPS and a potential upward revision in the company's full-year guidance. This forecast hints at a promising outlook for investors looking to capitalize on Cummins' performance in the current market conditions.
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Deutsche Bank Predicts Upward Revision in Cummins' Guidance

Deutsche Bank Forecast for Cummins Stock

Deutsche Bank projects a potential near-term rally for Cummins stock, anticipating an 8% earnings per share (EPS) beat in the first quarter.

Expectations for Guidance

The bank also predicts an upward revision in Cummins' full-year guidance, suggesting positive momentum in the company's performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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