Oshkosh Corporation (OSK, Financial) has received an upgrade from Truist Securities, with analyst Jamie Cook raising the stock's rating from "Hold" to "Buy". This decision comes amidst a notable change in the price target for the company.
The price target for Oshkosh (OSK, Financial) has been significantly increased from the previous $93.00 to the current $127.00. This adjustment represents a 36.56% increase from the prior price target.
Truist Securities' revised outlook reflects a growing confidence in Oshkosh's (OSK, Financial) potential for future growth. With the upgraded rating and enhanced price target, this development could hold positive implications for investors keeping an eye on Oshkosh Corporation (OSK).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Oshkosh Corp (OSK, Financial) is $109.19 with a high estimate of $137.00 and a low estimate of $90.00. The average target implies an upside of 7.55% from the current price of $101.53. More detailed estimate data can be found on the Oshkosh Corp (OSK) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Oshkosh Corp's (OSK, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Oshkosh Corp (OSK, Financial) in one year is $113.68, suggesting a upside of 11.97% from the current price of $101.5275. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Oshkosh Corp (OSK) Summary page.
