Raymond James analyst Tim Thein raised the firm’s price target on Oshkosh (OSK) to $130 from $125 and keeps an Outperform rating on the shares. Oshkosh’s Q4 adjusted EPS was better than expected, and its 2025 EPS outlook was also ahead of expectations, the analyst tells investors in a research note. While the Access segment has some well-known headwinds in 2025, Raymond James remains positive on the Vocational business, which is benefiting from secular and cyclical tailwinds across key drivers like airport funding, municipal spending and infrastructure. The firm is positive on the set-up in to 2025 for Oshkosh.
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