Analysts: Cummins May See a Short-Term Negative and 3 New Opinions Investors Must Pore Over

Cummins Inc. (NYSE:CMI): Wells Fargo has noted that ACT Research preliminary March 2013 Class 5-8 truck net orders declined 4 percent from February although it rose 4 percent year-over-year. Class 8 truck orders were 22,100 units, which is a 10 percent rise year-over-year, but it decreased 5 percent from February’s 23,027, the firm stated. Wells believes that the data was mainy consistent with its expectations, but it has stated that the sequential decline could be a short-term negative for Cummins, Navistar (NYSE:NAV) and PACCAR (NASDAQ:PCAR).

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