Deutsche Bank placed a “Catalyst Call: Buy” on shares of Cummins as a short-term investment idea ahead of the Q1 earnings release. Class 8 orders have continued to surprise to the upside, leading the firm to expect an upward revision to the company’s full-year guidance, the analyst tells investors in a research note. The firm projects a significant earnings beat in Q1.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
