$CMI: JPMorgan downgrades Cummins, sets $690 target — here’s how the stock has reacted to similar analyst actions
How CMI has reacted before
| Report | Next-day move |
|---|---|
| Aug 05, 2026 | +0.4% |
| Jul 17, 2026 | +0.4% |
| Jul 14, 2026 | +0.4% |
| Jul 02, 2026 | -3.0% |
| Jun 17, 2026 | +2.5% |
| Jun 08, 2026 | +3.3% |
| Jun 01, 2026 | -0.5% |
| Jan 26, 2026 | -0.3% |
| Jan 23, 2026 | -1.9% |
| Jan 14, 2026 | -0.4% |
Median absolute move 0.5% · higher 5 of 10 · n=10
The call
- Firm: JPMorgan
- Action: Downgrades
- Price target: $690.00
How $CMI moves around analyst actions
| Date | Session move |
|---|---|
| Aug 05, 2026 | +0.4% |
| Jul 17, 2026 | +0.4% |
| Jul 14, 2026 | +0.4% |
| Jul 02, 2026 | -3.0% |
| Jun 17, 2026 | +2.5% |
| Jun 08, 2026 | +3.3% |
| Jun 01, 2026 | -0.5% |
| Jan 26, 2026 | -0.3% |
| Jan 23, 2026 | -1.9% |
| Jan 14, 2026 | -0.4% |
Base rate (n=10):
- Median absolute move: 0.5%
- Finished higher: 5 of 10
- Biggest up day: +3.3%
- Biggest down day: -3.0%