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Wells Fargo & Company raises its price target on Oshkosh (NYSE:OSK) to $93.00.

Wells Fargo & Company raises its price target on Oshkosh (NYSE:OSK) to $93.00.

In a report released on Tuesday, research analysts at Wells Fargo & Company increased their target price on Oshkosh (NYSE: OSK) from $90.00 to $93.00. Benzinga reported this. Recent market activity has resulted in an “equal weight” rating assigned to the company’s stock. In addition, the price forecast provided by Wells Fargo & Company indicates that the share price may go up by 1.23% from its most recent closing price. This would increase from the previous high point of the share price.

Throughout the past few weeks, several different equity research analysts have contributed to the publication of reports on OSK that they have written. Citigroup revealed its decision to raise its price target for Oshkosh to $95.00 in a research report released on November 1st. The investment analyst for Oshkosh gave the company a “hold” rating rather than a “buy” recommendation in the research report made available by StockNews.com on Thursday, November 24th. The report was made available to the public. JPMorgan Chase & Co. increased their target price on Oshkosh stock from $82.00 to $85.00 and gave the company a “neutral” rating in a research note published on Friday, October 28th. In a research note released on December 15th, Oshkosh received a “buy” rating from Goldman Sachs Group, which had previously assigned the stock a “hold” rating. In addition, Goldman Sachs Group increased its price objective for the stock, moving it up from $89 to $98. Finally, the price objective that Deutsche Bank Aktiengesellschaft has placed on Oshkosh has increased from $95.00 to $103.00 due to a research analysis released on December 5th. The report included several other instances of price targets going up in addition to this one. One research analyst has provided a recommendation to sell the stock, seven analysts have provided a recommendation to maintain the current position, seven analysts have provided a recommendation to buy the stock, and seven analysts have provided a recommendation to sell the stock. According to information made available by Bloomberg.com, the stock is currently rated as having a consensus of a “Hold” recommendation. Its price objective has an average of $100.38 per share as its target price.

NYSE: OSK began trading for $91.87 on Tuesday when the market opened. The current P/E/G ratio for the company is 0.79, and it has a beta value of 1.36. The market capitalization of the company is $6.01 billion. The lowest price recorded in Oshkosh during the past year was $69.30, while the highest price recorded was $125.16pany is 0.79, and it has a beta value of 1.36. The market capitalization of the company is $6.01 billion. The lowest price in Oshkosh during the past year was $69.30, while the highest was $125.16. The current ratio (1.81), the quick ratio (1.08), and the current ratio are all taken into consideration during the calculation of debt to equity (0.21). The company’s simple moving average for the previous fifty days is $89.18, and the respective average for the previous two hundred days is $83.88, respectively.

Oshkosh Corporation (NYSE: OSK) provided investors access to the most recent quarterly results report on Thursday, October 27th, so they may review the document. The company announced that its quarterly earnings per share came in at $1.00, which was $0.15 less than the $1.15 that the market had anticipated the company would report. The return on equity for Oshkosh was determined to be 3.95 percent, and the net margin for the company was 1.15 percent. The company’s sales for the quarter came in at $2.07 billion, which is significantly lower than the consensus estimate of $2.15 billion for sales derived from market research. According to estimates provided by sell-side analysts, Oshkosh is expected to generate earnings of $3.47 per share during the current fiscal year.

Recent events have resulted in both an increase and a decrease in the total amount of OSK ownership held by hedge funds and institutional investors. During the third quarter, Vanguard Group Inc. increased the amount of Oshkosh stock owned by 0.7%, bringing its total ownership percentage to 100%. Following the acquisition of 44,117 additional shares of the company’s stock during the most recent fiscal quarter, Vanguard Group Inc. now holds a total of 6,179,092 shares of the company’s stock. This stock portfolio is worth a total of 434,329,000 dollars. During the second quarter, FMR LLC achieved an 8.2% increase in the proportion of Oshkosh stock it owned. Following the acquisition of an additional 440,170 shares during the preceding quarter, FMR LLC now possesses a total of 5,802,857 shares of the company’s stock, which have a total value of $476,646,000 due to the company’s stock price at the time of the most recent quarter. During the third quarter, BlackRock Inc. increased the amount of Oshkosh stock owned by 1.5%, bringing the total percentage of stock owned by BlackRock Inc. to 4.5%. BlackRock Inc. now owns a total of 5,690,306 shares following the acquisition of an additional 85,744 in the most recent quarter. Each company share has an estimated value of $399,971,000 based on the current market. The Oshkosh stock held by Victory Capital Management Inc. went up by 4.1% during the third quarter. Victory Capital Management Inc. now owns a total of 2,877,633 shares of the corporation’s stock, which has a value of $202,269,000 after purchasing an additional 113,433 shares of the company’s stock during the most recent fiscal quarter. These shares were purchased during the most recent quarter of the company’s fiscal year.

Last but not least, during the first three months of this year, State Street Corporation increased the amount of Oshkosh stock owned by 3.2 percent. As a result, the total number of shares that State Street Corp. owns in the company has increased to 1,829,620, and the total value of its holdings in the company has increased to $184,151,000 as a result of this increase. Compared to the previous quarter, this represents an increase of 56,351 shares. Financial institutions hold most of the company’s shares, which amount to 90.43 percent of the total.

Oshkosh Corporation is a multinational business focusing on designing, manufacturing, and distributing species.

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