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Analysts Offer Insights on Industrial Goods Companies: Frontier Group Holdings (ULCC) and Cummins (CMI)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Frontier Group Holdings (ULCCResearch Report) and Cummins (CMIResearch Report).

Frontier Group Holdings (ULCC)

In a report released today, Andrew Didora from Bank of America Securities reiterated a Hold rating on Frontier Group Holdings, with a price target of $7.00. The company’s shares closed last Tuesday at $6.22.

According to TipRanks.com, Didora is ranked 0 out of 5 stars with an average return of -9.8% and a 46.2% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Allegiant Travel Company, and Southwest Airlines.

The word on The Street in general, suggests a Hold analyst consensus rating for Frontier Group Holdings with a $7.29 average price target, representing a 32.5% upside. In a report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $12.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Cummins (CMI)

In a report released today, Michael Feniger from Bank of America Securities reiterated a Sell rating on Cummins, with a price target of $243.00. The company’s shares closed last Tuesday at $251.54.

According to TipRanks.com, Feniger is a 5-star analyst with an average return of 12.6% and a 65.4% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Waste Connections, GFL Environmental, and Republic Services.

Cummins has an analyst consensus of Hold, with a price target consensus of $251.22.

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