JPMorgan raised the firm’s price target on Oshkosh (OSK) to $140 from $133 and keeps a Neutral rating on the shares. The firm adjusted targets in the machinery and waste services group ahead of the Q3 reports. The sector has historically underperformed in the three months after the first Federal Reserve rate cut and another escalation of tariffs on Chinese goods should impact Q4 earnings for most companies, the analyst tells investors in a research note. JPMorgan established December 2026 price targets versus December 2025 previously.
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Read More on OSK:
- Oshkosh price target raised to $171 from $155 at Truist
- Oshkosh price target raised to $160 from $150 at Citi
- Jefferies sees other heavy manufacturers facing headwinds like Caterpillar
- Caterpillar estimates lowered at Morgan Stanley on additional tariff headwinds
- Oshkosh price target raised to $180 from $140 at KeyBanc
