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Oshkosh price target raised to $125 from $117.50 at BofA

BofA raised the firm’s price target on Oshkosh (OSK) to $125 from $117.50 and keeps an Underperform rating on the shares after the company reported a better-than-expected Q2 and “essentially raised its FY25 EPS guidance for the beat,” bring guidance “essentially back to the January 30th EPS” view. The firm raised estimates post Q2, keeping its valuation multiple intact, but reiterates an Underperform rating as it remains cautious on the Access market, which it contends is “not out of the woods yet.”

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