Oshkosh Truck (OSK) NewsBite - OSK Upgraded By BMO Capital
Posted: Wednesday, October 14, 2009 11:07 AM EDT
By: Market Intelligence Center Staff
Oshkosh Truck (OSK) was upgraded today by analysts at BMO Capital and the stock is now at $34.15, up $0.94 (2.83%) on volume of 547,850 shares traded. BMO Capital upgraded the stock to Outperform from Market perform, and lifted its price target on the stock to $41 from $25. Over the last 52 weeks the stock has ranged from a low of $3.85 in November to a high of $34.99 in August. Oshkosh Truck stock has been showing support around $32.28 and resistance in the $34.22 range. Technical indicators for the stock are bullish and S&P gives OSK a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on OSK the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 25 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Oshkosh Truck (OSK) Stock ReportSee what our analysts have uncovered about Oshkosh Truck (OSK).