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UPDATE: BMO Capital Markets Reiterates Outperform Rating, Raises PT on Oshkosh Corporation

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In a report published Monday, BMO Capital Markets reiterated its Outperform rating on Oshkosh Corporation (NYSE: OSK), and raised its price target from $35.00 to $38.00.

BMO Capital noted, “Oshkosh reported FY4Q12 headline GAAP EPS of $0.84. Excluding restructuring charges of $0.07, curtailment expense of $0.02, and discrete tax benefits of $0.29, adjusted EPS was $0.65, which beat our estimate of $0.49 and the consensus estimate of $0.47. The beat was driven by better-than-expected revenues and adjusted margins in all segments (Access Equipment margins were in line).”

Oshkosh Corporation closed on Friday at $29.92.

Latest Ratings for OSK

DateFirmActionFromTo
Mar 2015Credit SuisseDowngradesNeutralUnderperform
Jan 2015Credit SuisseMaintainsNeutral
Jan 2015JefferiesMaintainsBuy

View More Analyst Ratings for OSK
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Posted-In: BMO Capital MarketsAnalyst Color Price Target Analyst Ratings

 

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