Goldman Sachs upgrades Cummins (CMI.US) rating to "buy": Improvements in the power systems business are expected to boost profits.

According to the Securities Times app, Goldman Sachs has upgraded its stock rating for American engine and power solutions provider Cummins (CMI.US) from "neutral" to "buy", with a target price raised from $410 to $431. Goldman Sachs stated that it expects the company's power systems business to achieve structural profit improvements due to a new pricing structure, and this trend will not be limited to the data center market.