Oshkosh price target lowered to $96 from $113 at Credit Suisse

Credit Suisse analyst Jamie Cook lowered the firm’s price target on Oshkosh to $96 from $113 and keeps an Outperform rating on the shares following the Q1 results. Oshkosh’s print is a step in the right direction in terms of regaining credibility after missing EPS guidance in 2022, though the market is looking for more consistent EPS performance across the portfolio and greater confidence the macro holds, the analyst tells investors in a research note.