Market Overview

UPDATE: Lake Street Capital Markets Initiates Power Solutions International at Buy on Catalysts

Related PSIX
Power Solutions International To Hold Conference Call On May 9
Mid-Morning Market Update: Markets Open Lower; Home Depot Beats Q4 Estimates
Power Solutions' subsidiary 3Pi signs new supply deal (Seeking Alpha)

Lake Street Capital Markets initiated coverage on Power Solutions International (OTC: PSIX) with an Outperform rating and a $25 price target.

Lake Street Capital Markets commented, "We think there are potential catalysts ahead that would increase visibility on future revenue and earnings growth and raise investor interest. These include PSI: (1) adding large new industrial market customers or programs; (2) receiving on-road certification for its 8.8-liter engine; (3) launching new engine products; and (4) listing its shares on NASDAQ."

Power Solutions International closed at $18.55 on Friday.

Latest Ratings for PSIX

Apr 2016Lake StreetMaintainsBuy
Jan 2016Piper JaffrayDowngradesOverweightNeutral
Aug 2015WunderlichInitiates Coverage onBuy

View More Analyst Ratings for PSIX
View the Latest Analyst Ratings

Posted-In: Lake Street Capital MarketsAnalyst Color Initiation Pre-Market Outlook Analyst Ratings


Related Articles (PSIX)

View Comments and Join the Discussion!