Morgan Stanley Initiates Coverage On Oshkosh with Equal-Weight Rating, Announces Price Target of $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Angel Castillo has initiated coverage on Oshkosh (NYSE:OSK) with an Equal-Weight rating and set a price target of $102 for the company's stock.
January 08, 2024 | 5:25 pm
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NEUTRAL IMPACT
Morgan Stanley has initiated coverage on Oshkosh with an Equal-Weight rating and a price target of $102, which may influence the stock's performance in the market.
The initiation of coverage by Morgan Stanley with an Equal-Weight rating suggests a neutral outlook on Oshkosh's stock, indicating that the stock is properly valued at its current price. The price target of $102 provides a reference point for investors but does not imply a significant upside or downside, hence the neutral score. The relevance is high as the news is directly about Oshkosh. The importance is significant as analyst ratings can influence investor sentiment and stock price. The confidence level is high due to the credibility of Morgan Stanley as a financial institution, but not absolute as market conditions and unforeseen events can affect stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100