Oshkosh price target raised to $119 from $99 at UBS

UBS raised the firm’s price target on Oshkosh (OSK) to $119 from $99 and keeps a Buy rating on the shares. While UBS now thinks the recent actions by the U.S. and foreign counterparts are “driving towards the contained downside scenario,” the firm still thinks lingering uncertainty will be “somewhat of a drag on demand,” the analyst tells investors in a research note. The firm remains positive as the drivers transition from Access to Defense and Vocational.