Here''s Why Oshkosh Price Target Raised At KeyBanc
KeyBanc analyst Ken Newman raised the price target for Oshkosh Corp. (NYSE: OSK ) to $110 (an upside of 33.3%) from $105 while maintaining the Overweight rating on the shares. The analyst states that following an eventful 2Q22 earnings season, they are reiterating a bullish view for Equipment Rental and Construction Machinery coverage. According to Newman, the improving non-res. construction trends should support more resilient earnings outlooks in both 2022 and 2023. The analyst mentions that an acceleration in mega-project activity could support … Full story available on Benzinga.com
Here''s Why Oshkosh Price Target Raised At KeyBanc
KeyBanc analyst Ken Newman raised the price target for Oshkosh Corp. (NYSE: OSK ) to $110 (an upside of 33.3%) from $105 while maintaining the Overweight rating on the shares. The analyst states that following an eventful 2Q22 earnings season, they are reiterating a bullish view for Equipment Rental and Construction Machinery coverage. According to Newman, the improving non-res. construction trends should support more resilient earnings outlooks in both 2022 and 2023. The analyst mentions that an acceleration in mega-project activity could support … Full story available on Benzinga.com