Jefferies Reiterates Buy on Oshkosh Corp. (OSK) Following Analyst Day

September 26, 2016 7:58 AM EDT
Get Alerts OSK Hot Sheet
Price: $69.65 +1.32%

Rating Summary:
    9 Buy, 12 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Jefferies reiterated a Buy rating and $65.00 price target on Oshkosh Corp. (NYSE: OSK) following the company's analyst day. Management reiterated LRIP expectations for JLTV of 750 and 2,000 units in 2017/2018.

Analyst Stephen Volkmann commented, "We attended the Oshkosh Analyst Day in Oshkosh, Wisconsin. We continue to believe that Defense growth can more than offset Access weakness, driving earnings growth for the next several years. Initial 2017 outlook conservative as expected; we maintain our Buy rating."

For an analyst ratings summary and ratings history on Oshkosh click here. For more ratings news on Oshkosh click here.

Shares of Oshkosh closed at $50.88 yesterday.

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