Goldman Sachs sees shares of Forgent Power Solutions rallying 40% from here.
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This power stock's shares have pulled back 25% since September, providing an attractive entry point, according to Jefferies.
The bank initiated the company, which produces cables and chips to connect powerful AI computers, at a buy rating.
Analyst Praneeth Satish upgraded the power generator maker to overweight from equal weight.
Last week, management provided a strong order update and significantly increased its 2028 financial framework for revenue,…
In its most bullish scenario, Goldman Sachs is eyeing a revenue uplift of up to 59%.
Goldman sees government support for nuclear power and rare earths lifting this mining stock.
