Oshkosh price target raised to $147 from $136 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Oshkosh (OSK) to $147 from $136 and keeps an Equal Weight rating on the shares. Troughing US non-residential construction spending in 2026 “might only be good for some construction stocks,” contends the analyst, who would be buyers of Terex (TEX), sees “reasons to remain optimistic” on CRH Plc (CRH), Martin Marietta (MLM) and United Rentals (URI), and continues to expect shares of Caterpillar (CAT) to underperform the group.