Oshkosh price target lowered to $163 from $165 at UBS

UBS lowered the firm’s price target on Oshkosh (OSK) to $163 from $165 and keeps a Buy rating on the shares. The U.S. economy appears weaker than a year ago with slower GDP growth, higher unemployment, and fewer jobs, but the machinery and industrial sector is in better shape with stabilized demand, lower inventories, and reduced tariff uncertainty, supported by potential growth catalysts such as One Big Beautiful Bill provisions benefiting consumers, the analyst tells investors in a research note.