Sterne Agee Upgrades Oshkosh (OSK) to Buy
OSK Hot Sheet
Rating Summary:3 Buy, 3 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 7 | New: 22
Sterne Agee upgrades Oshkosh Corp. (NYSE: OSK) from Neutral to Buy.
The upgrade follows news late last night that the Department of Defense has awarded Oshkosh a $1.06 billion contract for the purchase of 2,244 MRAP ATV's. Shares of Oshkosh have surged more than 23% on the news.
The news is also affecting other stocks in the sector, pushing Force Protection (Nasdaq: FRPT) 30% lower, Spartan Motors (Nasdaq: SPAR) 29% lower and Navistar (NYSE: NAV) a percent lower.
Given the news, analysts will likely be covering shares of Oshkosh closely over the next few weeks. Visit our Analyst Ratings page to stay up-to-date on all the market moving analyst calls on Oshkosh.
Oshkosh Corp. is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies.
The upgrade follows news late last night that the Department of Defense has awarded Oshkosh a $1.06 billion contract for the purchase of 2,244 MRAP ATV's. Shares of Oshkosh have surged more than 23% on the news.
The news is also affecting other stocks in the sector, pushing Force Protection (Nasdaq: FRPT) 30% lower, Spartan Motors (Nasdaq: SPAR) 29% lower and Navistar (NYSE: NAV) a percent lower.
Given the news, analysts will likely be covering shares of Oshkosh closely over the next few weeks. Visit our Analyst Ratings page to stay up-to-date on all the market moving analyst calls on Oshkosh.
Oshkosh Corp. is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies.
You May Also Be Interested In
- UPDATE: Williams Financial Group Upgrades Semtech Corp. (SMTC) to Buy; Check Again...Quarter Was Fairly Strong
- UPDATE: UBS Upgrades Assured Guaranty (AGO) to Buy; Opportunity Opens After Recent Dip on Moody's Review
- UPDATE: Nomura Securities Upgrades Central European Distribution (CEDC) to Neutral; Strategic Alliance with Russian Standard
Create E-mail Alert Related Categories
UpgradesRelated Entities
Sterne AgeeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
