Wells Fargo lowered the firm’s price target on Oshkosh (OSK) to $168 from $204 and keeps an Overweight rating on the shares. The firm reduced estimates post the company’s Q1 report. The results showed Oshkosh’s accelerating access recovery is being offset by lower vocational margins amid a production cut in refuse, the analyst tells investors in a research note.
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Read More on OSK:
- Oshkosh price target lowered to $155 from $170 at Citi
- Oshkosh Kept at Hold as Analyst Lifts Price Target to $157 Amid Near-Term Execution Risks
- Oshkosh Corp Earnings Call Balances Strain and Opportunity
- Oshkosh shareholders back board, pay and governance direction
- Oshkosh reports Q1 adjusted EPS 85c, consensus $1.04
