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Analysts Offer Insights on Industrial Goods Companies: Ralliant Corporation (RAL) and Cummins (CMI)

Tipranks - Tue Mar 10, 11:46AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Ralliant Corporation (RALResearch Report) and Cummins (CMIResearch Report).

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Ralliant Corporation (RAL)

Seaport Global analyst Scott Graham maintained a Hold rating on Ralliant Corporation yesterday. The company’s shares closed last Monday at $44.35.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 11.3% and a 60.3% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Pentair, and Ametek. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ralliant Corporation with a $48.50 average price target, implying a 10.7% upside from current levels. In a report issued on February 25, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $46.00 price target.

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Cummins (CMI)

Wells Fargo analyst Jerry Revich reiterated a Buy rating on Cummins on March 5. The company’s shares closed last Monday at $537.55.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 9.1% and a 57.4% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Manitowoc Company. ;'>

Currently, the analyst consensus on Cummins is a Moderate Buy with an average price target of $616.73, representing a 18.4% upside. In a report issued on February 20, Barclays also maintained a Buy rating on the stock with a $610.00 price target.

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