Forgent Price Target Lifted to $63 as Strong 3Q26 Beat and Upgraded Outlook Support Buy Rating
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Analyst Michael Elias of TD Cowen has raised the price target for Forgent Power Solutions, Inc. to $63, maintaining a Buy rating. This decision follows the company's strong fiscal 3Q26 results, which exceeded expectations, and an upgraded outlook for fiscal 2026. Elias cites robust demand in data centers and a significant leasing pipeline as key factors supporting continued order momentum and an attractive valuation.
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