Oppenheimer analyst Noah Kaye raised the firm's price target on Forgent Power Solutions to $43 from $42 and keeps an Outperform rating on the shares. The firm notes shares traded up Monday following a Q2 top-/bottom-line beat and constructive call commentary on forward backlog and margin expectations. Capacity availability, differentiated go-to-market, and accelerated workforce hiring support lead time advantages vs. peers, while results show market traction for modular offerings.
