Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
Cummins Inc. snagged a couple of ratings upgrades today from investment firms that follow the Columbus-based diesel engine maker.
Citigroup recommends holding the stock rather than selling and Credit Suisse rated Cummins “outperform” instead of “neutral.”
The changes follow a dip in Cummins’ stock price yesterday after its third-quarter earnings missed analyst expectations.
The shares fell 16 percent, to $111.36, but recovered somewhat today to trade near $115.
Cummins reported $1.69 in earnings per share, which fell short of the $1.95 anticipated by analysts surveyed by Thomson Financial.
Please enable JavaScript to view this content.
Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.