Clear Street initiates Forgent Power Solutions stock with buy rating
Clear Street initiated coverage on Forgent Power Solutions (NYSE:FPS) with a Buy rating and a $58 price target, citing strong growth prospects and a $4B backlog. The stock is currently trading at $25.12, implying over 130% upside. Other analysts have also shown interest, with varied ratings and price targets. The company reported strong Q4 results and raised fiscal 2027 revenue guidance.



