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March 20, 2024 @ 10:48 AM
NYSE:CMI

Cummins Inc is a global leader in the design, manufacturing, and distribution of engines, power systems, and related technologies. The company provides a wide range of products and services, including diesel and natural gas engines, hybrid and electric powertrains, filtration systems, and more. With a strong focus on innovation and sustainability, Cummins Inc aims to deliver reliable and efficient solutions that power a variety of applications, from heavy-duty trucks and construction equipment to backup power generation.

The technical analysis of Cummins Inc's stock, ticker CMI, indicates a positive outlook. The stock has recently resolved higher from a long-term base, suggesting a potential upward trend. With the stock trading above the key level of 277, the bias is higher, indicating a favorable market sentiment. Investors may consider a target of 334, keeping in mind that market conditions and company-specific factors should be closely monitored.

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