Oshkosh price target raised to $105 from $95 at Citi

Citi analyst Kyle Menges raised the firm’s price target on Oshkosh (OSK) to $105 from $95 and keeps a Buy rating on the shares. The firm updated the company’s model post the Q1 report. Oshkosh’s “solid” Q1guidance and commentary from customers suggests Access sales could hold up better than initially feared, although anticipated tariff impacts weigh on margin assumptions, the analyst tells investors in a research note. Citi cites higher out-year estimates and a slightly higher multiple for the target increase.