Why is OSHKOSH CORPORATION stock price going up?
Bulls say
Construction demand
Analyst raises estimates and price target on increased conviction that a rebound in U.S. non-residential construction and accelerating construction starts will drive higher equipment demand.
Portfolio mix and cash returns
Shift toward more stable businesses like fire trucks and airport ground support, combined with improving free cash flow, enhances profit stability and creates capacity for share buybacks that can support the stock.
Rental equipment market
Branch checks show improving business conditions and rising rental rates, supporting stronger demand for rental equipment and improved rental segment margins.


