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Fly News Breaks for May 1, 2019
OSK
May 1, 2019 | 04:59 EDT
JPMorgan analyst Ann Duignan downgraded Oshkosh to Neutral from Overweight while raising her price target for the shares to $85 from $80. The analyst sees a more "evenly balanced" risk/reward at current valuation levels with the shares up 35% year-to-date.
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.