Citi analyst Kyle Menges lowered the firm’s price target on Oshkosh (OSK) to $110 from $125 and keeps a Buy rating on the shares as part of a Q4 earnings preview for the machinery group. The firm made modest downward revisions to Q4 and 2025 estimates for most companies under its coverage, reflecting an increasingly soft near-term sentiment across many machinery end markets.
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Read More on OSK:
- Oshkosh price target raised to $116 from $113 at Truist
- Oshkosh price target lowered to $125 from $129 at UBS
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- Citi thinks Oshkosh contract to make USPS new vehicles will stay in place
- Outright cancellation of Oshkosh USPS contract highly unlikely, says Baird
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