Fuel Systems Solutions (FSYS) Reports In-Line Q4 EPS; Announces Restructuring Plan

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Lake Street Capital Markets Upgrades Fuel Systems Solutions (FSYS) to Buy

March 12, 2015 8:24 AM EDT

Lake Street Capital Markets upgraded Fuel Systems Solutions (NASDAQ: FSYS) from Hold to Buy with a price target of $13.00 (from $10.00). Analyst Robert D. Brown pointed to attractive risk/reward, improving fundamentals, and limited downside due to valuation and buybacks.

"We see limited downside from here with an active buyback in... More