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Jefferies Sticks to Its Hold Rating for Oshkosh (OSK)

Jefferies analyst Stephen Volkmann maintained a Hold rating on Oshkosh (OSKResearch Report) on July 28 and set a price target of $90.00. The company’s shares closed last Friday at $86.10.

According to TipRanks.com, Volkmann is a 5-star analyst with an average return of 17.9% and a 63.0% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as Lennox International, Illinois Tool Works, and Trane Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oshkosh with a $93.91 average price target, representing a 12.1% upside. In a report issued on July 26, Argus Research also initiated coverage with a Hold rating on the stock.

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The company has a one-year high of $125.16 and a one-year low of $77.89. Currently, Oshkosh has an average volume of 597.7K.

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Oshkosh Corp. engages in the design, manufacture, and market of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment; Defense; Fire and Emergency; and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms; and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights. The Defense segment produces tactical wheeled vehicles; and supply parts and services for the United States military and other militaries around the world. The Fire and Emergency segment sells commercial and custom fire vehicles; simulators and emergency vehicles primarily for fire departments, airports and other governmental units; and broadcast vehicles for broadcasters and television stations. The Commercial segment includes McNeilus, CON-E-CO, London, Iowa Mold Tooling Co., Inc (IMT), and Oshkosh Commercial. The company was founded in 1917 and is headquartered in Oshkosh, WI.

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