Cummins is trading 5.5% down at $506.16 after the October 6 regular-session close of $535.43, with no confirmed company announcement or late-breaking event explaining the after-hours drop.
- An October 6 report said Truist cut its price target from $894 to $779, retaining a Buy rating, citing concerns about power and data-center spending durability, bottlenecks and project delays.
- The report described shares as higher earlier in the session, so it does not establish the target cut as the cause. Broader indices were up.