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Fly News Breaks for January 31, 2019
OSK
Jan 31, 2019 | 07:45 EDT
RBC Capital analyst Seth Weber raised his price target on Oshkosh to $90 and kept his Outperform rating after its Q1 earnings beat and ramped up stock buybacks. The analyst adds that the company's increased guidance reflects "raised Access revenue and margin targets, and notes that the "surprisingly strong" new orders suggests that the outlook is "potentially conservative".
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.