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

In a report published Monday, BMO Capital Markets reiterated its Outperform rating on Oshkosh Corporation 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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorPrice TargetAnalyst RatingsBMO Capital Markets
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!