Goldman Sachs initiated coverage of Forgent Power Solutions (FPS) with a Buy rating and $48 price target Forgent is a designer and manufacturer of electrical distribution equipment, serving data centers, the power grid, and energy-intensive industrial facilities, the analyst tells investors in a research note. Goldman says Forgent is one of the few companies that can deliver the entire powertrain to a data center and will benefit from being the marginal supplier of capacity.
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