KeyBanc downgraded Federal Signal (FSS) to Sector Weight from Overweight without a price target The firm cites valuation for the downgrade with the shares up 58% since early April. Federal Signal is now one of the most expensive construction machinery names based on 2026 estimates, the analyst tells investors in a research note. KeyBanc adds the company’s order compares are tough.
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Read More on FSS:
- Federal Signal price target raised to $120 from $100 at Raymond James
- Federal Signal price target raised to $96 from $84 at DA Davidson
- Federal Signal management to meet with Seaport Research
- Federal Signal management to meet with DA Davidson
- Federal Signal upgraded to Overweight from Sector Weight at KeyBanc