Oshkosh Stock Upgraded Ahead of Earnings: What You Need to Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Oshkosh (NYSE: OSK) stock got crushed a few months ago when a superb Q3 earnings report sparked not a rally, but a sell-off instead.

Overlooking 10% quarterly sales growth and a 33% spike in profits, investors instead focused on management's comments about how demand for its products looked to be "moderating." Wall Street didn't help much, either, with analysts feuding over whether Oshkosh's good news about actual performance outweighed the bad news about what might happen next.

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Source Fool.com