Oshkosh upgraded to Outperform from Neutral at RW Baird RW Baird upgraded Oshkosh to Outperform citing the pullback in shares following the company's Q3 miss. The firm lowered its price target for the stock to $55 from $58.
Oshkosh cuts FY15 adjusted EPS view to $3.00-$3.25 from $3.75-$4.00 Consensus is $3.77. “We are reducing our full year 2015 expectations for adjusted EPS to a range of $3.00 to $3.25 based on lower expected sales in our access equipment segment,” said Charles L. Szews, Oshkosh Corporation CEO. “While we are adjusting our access equipment segment expectations, we are confident in the overall strength of our business and expect improved financial performance in fiscal 2016 led by a strong recovery in our defense segment.