Canaccord Genuity Maintains a 'Hold' on Fuel Systems (FSYS); Mixed Q2, Positioning For a Pick-Up

May 6, 2011 11:37 AM EDT
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Price: $5.40 --0%

Rating Summary:
    3 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 5 | New: 23
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Canaccord Genuity maintains a 'Hold' on Fuel Systems Solutions (NASDAQ: FSYS), PT $30.

Canaccord analyst says, "We maintain our rating as we look for signs of improved visibility across the platform, especially in strategic growth geographies. While we expect near term volatility to persist, our long term outlook remains favorable given positive regulatory drivers, ongoing geographic diversification efforts and elevated oil prices."

For more ratings news on Fuel Systems Solutions click here and for the rating history of Fuel Systems Solutions click here.

Shares of Fuel Systems Solutions closed at $26.60 yesterday.


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