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Nvidia, Hewlett Packard Enterprise and CrowdStrike surged to 52-week highs last week amid broader sector tailwinds and Wall Street optimism.
The consensus price target hints at a 52.9% upside potential for Forgent Power (FPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.