Oshkosh price target lowered to $86 from $95 at DA Davidson

DA Davidson lowered the firm’s price target on Oshkosh to $86 from $95 and keeps a Neutral rating on the shares. The company’s near-term outlook appears firm, with Access and Fire segments both maintaining strong backlogs, though the firm remains "somewhat cautious" on Oshkosh and believes that multiple things have to happen to return to pre-pandemic margins, the analyst tells investors in a research note.