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Cartenna Capital LP Makes New $48.57 Million Investment in Cummins Inc. $CMI
Cartenna Capital LP has made a new investment of $48.57 million in Cummins Inc. (NYSE:CMI), acquiring 115,000 shares, which now represents 1.4% of Cartenna’s portfolio. Other institutional investors have also modified their holdings, while company insiders have recently sold shares. Analysts currently have a “Moderate Buy” rating for Cummins with a consensus price target of $588.93.