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Baird calls Cummins (CMI -0.6%) a Top Idea for 2013, saying commercial truck and engine makers...
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Friday, December 28, 2012, 2:35 PM ETBaird calls Cummins (CMI -0.6%) a Top Idea for 2013, saying commercial truck and engine makers will start out the year in low gear, but should outperform the market in the second half. CMI in particular has exposure to off-highway, power generation and emerging markets, which should equate to significant growth. It raises its price target to $132 from $119 and recommends adding to positions.
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