Fly News Breaks for January 31, 2019
OSK
Jan 31, 2019 | 06:28 EDT
As previously reported, BofA/Merrill upgraded Oshkosh to Buy from Neutral and raised its price target to $85 from $76. Analyst Ross Gilardi does not believe Oshkosh's earnings growth outlook has peaked and raised 2020-21 estimates above consensus based on steady growth in its Access and Fire & Emergency units, and rising Defense backlog. The analyst believes Access guidance is overly conservative and visibility in Defense is improving, providing "scarce earnings momentum in a slow growth machinery world."
News For OSK From the Last 2 Days
OSK
Apr 25, 2024 | 06:04 EDT
Raises FY24 revenue view to ~$10.7B from $10.4B, consensus $10.3B.