The firm pointed to Oshkosh's second-quarter results as an indicator of improved supply chains and further margin growth.
Industrial manufacturer Oshkosh Corporation is showing significant growth potential, and investors should capitalize on it, according to Baird. Analyst Mircea Dobre upgraded shares to outperform from neutral and raised his price target to $137 from $89. The new price target suggests a 35% upside from where the stock closed Tuesday.
" The analyst highlighted several signs for margin improvement with Oshkosh's defense segment, such as increasing annual revenue as well as the repurposing of excess defense capacity toward telehandlers and the production ramp on its multibillion-dollar and 10-year contract with USPS, through which Oshkosh is manufacturing a new fleet of U.S.-built postal delivery vehicles.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Forget 60, China thinks your life is over once you hit 35Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »
Police say driver attacked man following crash on Interstate 35San Antonio police and Crime Stoppers are searching for a man who they say assaulted another man following a car crash.
Baca lebih lajut »
35 Things to Do in the DC Area This WeekThings To Do This Week: 🎶 Sam Smith ❤️ “Moulin Rouge! The Musical.” 🎾 Mubadala Citi DC Open
Baca lebih lajut »
San Diego approves 35 percent hike in city computer costs in new three-year pact with Microsoft, DellCity officials say it would be impractical to switch away from Microsoft, which controls 90 percent of the office market
Baca lebih lajut »
'Amazing to see': World Cup's compelling matches show what investing in women gets youDespite World Cup field expanding by eight teams, to 32, there's few blowouts and all but seven of the first 35 games were decided by 2 goals or less
Baca lebih lajut »