Forgent Power Solutions (NYSE:FPS) Upgraded by Jefferies Financial Group to “Strong-Buy” Rating

Jefferies Financial Group upgraded shares of Forgent Power Solutions (NYSE:FPS) to a strong-buy rating in a report published on Monday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. The Goldman Sachs Group initiated coverage on Forgent Power Solutions in a research note on Monday. They set a “buy” rating and a $48.00 price target on the stock. Oppenheimer assumed coverage on Forgent Power Solutions in a report on Monday. They set an “outperform” rating and a $42.00 price objective for the company. TD Cowen started coverage on shares of Forgent Power Solutions in a research note on Monday. They issued a “buy” rating and a $45.00 target price on the stock. Morgan Stanley assumed coverage on shares of Forgent Power Solutions in a research note on Monday. They set an “equal weight” rating and a $38.00 price target for the company. Finally, Bank of America assumed coverage on shares of Forgent Power Solutions in a report on Monday. They issued a “buy” rating and a $48.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $43.30.

Forgent Power Solutions Stock Performance

NYSE:FPS opened at $35.94 on Monday. Forgent Power Solutions has a 52-week low of $25.95 and a 52-week high of $36.68.

Trending Headlines about Forgent Power Solutions

Here are the key news stories impacting Forgent Power Solutions this week:

• Positive Sentiment: Goldman Sachs initiated coverage and highlighted FPS as a preferred marginal supplier for critical power infrastructure as data‑center demand picks up — a key demand narrative lifting the stock. Goldman Sachs / CNBC
• Positive Sentiment: Bank of America started coverage with a Buy rating and a $48.00 price target (largest upside among new covers), signaling strong upside expectations versus the current price. Benzinga
• Positive Sentiment: Multiple other firms initiated bullish ratings and price targets: TD Cowen (Buy, $45), Barclays (Overweight, $44), Wolfe Research (Outperform, $43), Oppenheimer (Outperform, $42), and JPMorgan (Overweight, $40) — broad analyst support is driving buying interest. Seeking Alpha coverage roundup
• Neutral Sentiment: Morgan Stanley initiated at Equal Weight with a $38 target (more conservative than peers), which tempers some of the upside consensus and offers a less bullish view. Benzinga
• Neutral Sentiment: Company profile and background coverage pages updated (general reference material). These are informational rather than new catalysts. 247WallSt

About Forgent Power Solutions

We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs.