Freedom Capital lowered shares of Power Solutions International (NASDAQ:PSIX – Free Report) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.
Several other analysts have also issued reports on PSIX. Wall Street Zen lowered shares of Power Solutions International from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Jefferies Financial Group decreased their price target on shares of Power Solutions International from $110.51 to $92.90 and set a “buy” rating on the stock in a research report on Tuesday, March 24th. Loop Capital set a $107.00 price target on shares of Power Solutions International in a research note on Wednesday, March 4th. Finally, Weiss Ratings lowered Power Solutions International from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $99.95.
Get Our Latest Stock Report on PSIX
Power Solutions International Stock Down 8.4%
Institutional Investors Weigh In On Power Solutions International
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Federated Hermes Inc. purchased a new position in Power Solutions International during the third quarter valued at approximately $26,000. California State Teachers Retirement System bought a new stake in shares of Power Solutions International during the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd boosted its holdings in Power Solutions International by 2,672.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 305 shares of the company’s stock worth $30,000 after buying an additional 294 shares during the period. Global Assets Advisory LLC bought a new position in Power Solutions International in the 1st quarter worth $33,000. Finally, New York State Teachers Retirement System bought a new stake in Power Solutions International during the first quarter valued at about $48,000. Institutional investors own 22.28% of the company’s stock.
Key Headlines Impacting Power Solutions International
Here are the key news stories impacting Power Solutions International this week:
- Negative Sentiment: Multiple law firms urged PSIX investors to join or lead a securities fraud class action, with deadlines concentrated around May 19, 2026, reinforcing a significant litigation overhang. Article Title
- Negative Sentiment: Pomerantz said a class action lawsuit has been filed against Power Solutions International, adding to investor concern about potential liability and reputational damage. Article Title
- Negative Sentiment: Freedom Broker reportedly downgraded PSIX, and a separate note indicated the stock’s price target was cut to $85.71, signaling less optimism from analysts. Article Title
About Power Solutions International
Power Solutions International, Inc is a global designer and manufacturer of integrated powertrain solutions for commercial vehicle, industrial and military applications. Headquartered in Wood Dale, Illinois, the company develops and assembles advanced diesel engine and transmission packages under the Atlas® brand, combining proprietary engine technology with high-efficiency transmissions to deliver power-dense systems. These solutions are tailored for medium- and heavy-duty trucks, buses, construction equipment, generator sets and specialty vehicles.
In addition to complete powertrain systems, the company offers a broad range of component products including diesel engines, transmissions and aftertreatment modules.
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