** Truist Securities raises price target on truck-engine maker Cummins CMI.N to $342 from $338, an upside of 13% to the stock's last close
** Reiterates "hold" rating on the stock
** Says beat on EPS was driven by margins in power systems, engines and distribution
** "CMI has already done some mitigation through inventory strategies for regions with higher tariffs"- brokerage
** Brokerage states co sees biggest risk in the engine and component segments and less so in power system management segments, given backlog and secular tailwinds
** Co announced earnings on Monday
** 8 of 24 brokerages rate the stock "buy" or higher, 15 "hold" and 1 "sell" or lower; their median PT is $346 - LSEG
** As of last close, stock had fallen 13% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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