NasdaqGS:POWLElectrical
Powell Industries Coverage Highlights Acquisition Valuation Concerns And Recent Momentum
Powell Industries (NasdaqGS:POWL) has received initial coverage from Cantor Fitzgerald, focusing on the recent acquisition of Remsdaq.
The acquisition is intended to expand the company’s automation and software capabilities within its existing operations.
Powell Industries has also updated its executive compensation structure, indicating an internal response to its ongoing corporate plans.
For investors watching Powell Industries at a current share price of $423.44, these moves follow a...