Stock Track | Oshkosh Soars 5.08% Intraday on Multiple Analyst Upgrades and Target Price Increases

Stock Track02-03 23:56

Oshkosh Corp's stock surged 5.08% during intraday trading on Tuesday, following a series of positive analyst actions that boosted investor sentiment.

The rally was driven by multiple rating upgrades and target price increases from major financial institutions. Raymond James raised its price target on Oshkosh to $175 from $155, while BofA Global Research upgraded the stock to Neutral from Underperform. Additionally, BofA Securities also upgraded Oshkosh to Neutral from Underperform with a $149 price target.

According to analyst polls, Oshkosh currently holds an average rating of overweight with a mean price target of $161.93. These bullish assessments from research firms provided significant momentum for the stock's upward movement during the trading session.

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