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Fly News Breaks for March 2, 2018
OSK
Mar 2, 2018 | 09:22 EDT
As reported previously, Baird analyst Mig Dobre downgraded Oshkosh to Neutral from Buy as he believes tariffs are a broad negative for big steel users in the Machinery space and yesterday's announcement turned a potential negative into a reality. Dobre lowered his price target to $90 from $105 on Oshkosh shares.
News For OSK From the Last 2 Days
OSK
Apr 25, 2024 | 16:28 EDT
Baird raised the firm's price target on Oshkosh to $158 from $140 and keeps an Outperform rating on the shares following the Q1 report. The quarter showcased ongoing improvement in the company's overall execution, with Access and Vocational margins continuing to surprise positively, the analyst tells investors in a research note. The firm believes Oshkosh's Vocational and Defense units have "meaningful runway" to drive operating income growth, which should be able to offset any future Access cyclical softening.