UBS raised the firm’s price target on Oshkosh (OSK) to $197 from $167 and keeps a Buy rating on the shares. Estimates and the price target are increased on greater conviction in a rebound in U.S. non-residential construction through 2027, supported by accelerating construction starts, improving rental equipment demand, and rental rates reaching their highest levels in over two years, the analyst tells investors in a research note.
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