Canaccord Genuity Maintains a 'Hold' on Fuel Systems Solutions (FSYS); Performance Reflects Transition

Canaccord Genuity maintains a 'Hold' on Fuel Systems Solutions (NASDAQ: FSYS) price target of $26.00.

Analyst, John Quealy, said, "While current performance reflects the current transition and expected return to an OEM/DOEM-centric business mix, we find management making the necessary near-term investments to establish/maintain market-leading positions in key geographies as CNG/LPG programs ramp in H2/12 and beyond."

For an analyst ratings summary and ratings history on Fuel Systems Solutions click here. For more ratings news on Fuel Systems Solutions click here.

Shares of Fuel Systems Solutions closed at $25.66 yesterday.

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