Forgent Power Solutions (NYSE:FPS) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Forgent Power Solutions (NYSE:FPS) to a hold rating in a research note released on Monday.

Forgent Power Solutions Trading Up 5.9%

Forgent Power Solutions stock opened at $33.59 on Monday.

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.