Cummins Inc. (NYSE:CMI) is considered one of the best hydrogen stocks to buy now. Citi raised its price target for CMI stock to $580, Barclays maintained a Hold rating at $515, and UBS upgraded to Neutral with a $500 target. UBS predicts lower results in engine and parts businesses due to market conditions but potential gains in power generation.
Cummins Inc. designs and distributes diesel engines, electric vehicle components, and hydrogen products like fuel cell powertrains and large electrolyzers. Despite investment potential, AI stocks may offer greater upside with less risk.
For more investment options, consider the 11 Best Affordable AI Stocks and 15 Best Biotech Stocks recommended by Wall Street analysts. No disclosures mentioned in the article.
Read more at Yahoo Finance: Citi Raises Cummins (CMI) PT as Machinery Demand Outlook Improves
