Evercore ISI Group Upgrades Oshkosh to Outperform, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Raso upgraded Oshkosh (NYSE:OSK) from In-Line to Outperform and increased the price target from $115 to $122.
November 13, 2023 | 4:32 pm
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Evercore ISI Group upgraded Oshkosh from In-Line to Outperform and raised the price target from $115 to $122, indicating a positive outlook on the stock.
Upgrades by analysts, especially from a neutral to a positive rating, typically suggest a bullish view on the stock's future performance. The increase in price target further reinforces the expectation of stock price appreciation. Investors often react positively to such upgrades, which can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100