JP Morgan Maintains Neutral on Oshkosh, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Oshkosh (NYSE:OSK) and raises the price target from $120 to $130.
April 16, 2024 | 1:54 pm
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JP Morgan analyst Tami Zakaria upgraded the price target for Oshkosh from $120 to $130 while maintaining a Neutral rating.
The increase in price target by JP Morgan reflects a positive outlook on Oshkosh's financial performance and market position, likely leading to a short-term positive sentiment among investors. However, the Neutral rating suggests that the stock might already be fairly valued, tempering expectations for a significant price surge.
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