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Cummins Inc. reports strong earnings; institutional investors mixed on stock.
Cummins Inc., a major engine manufacturer, saw institutional investors adjust their stakes, with Conning Inc. reducing holdings and others increasing or maintaining theirs.
Cummins reported better-than-expected earnings with $5.16 EPS and $8.45 billion in revenue.
Analysts have mixed ratings but generally positive outlooks, with a consensus price target of $383.08.
Insiders have also sold shares recently.
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Cummins Inc. reporta sólidas ganancias; Los inversores institucionales están mezclados en las acciones.