Baird keeps Forgent Power Solutions at Outperform but cuts target to $38
Baird kept its Outperform rating on Forgent Power Solutions while lowering the price target from $55 to $38, a 30.9% cut. Data is from TradingView.
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what happened
Baird kept its Outperform rating on Forgent Power Solutions but reduced the price target from $55 to $38, a 30.9% decrease. According to TradingView, citing Benzinga data, the new target implies upside of 71.6% from the November 12 closing price of $22.15.
The report notes that the information is not a personal recommendation and does not amount to investment advice. More price target data and analyst ratings for the stock are available at the source.
why it matters
A lower target with an unchanged Outperform rating usually reflects a revised valuation view rather than a change in the analyst's overall stance. Such updates are a sentiment signal for the stock but rarely move the broader market.
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sources
- Baird maintains Forgent Power Solutions at Outperform, lowers price target to $38 from $55 — TradingView, 13 November 2026 at 12:37 UTC
- Bernstein maintains Forgent Power Solutions at Outperform, lowers price target to $33 from $48 — TradingView, 13 November 2026 at 12:53 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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