Rating Change
DA Davidson analysts upgraded Franklin Electric Co., Inc. (NASDAQ:FELE) from Neutral to Buy on November 02, 2026.
upgradeNASDAQ:FELE
Franklin Electric Co., Inc. (FELE) Upgraded to Buy at DA Davidson
DA Davidson analysts upgraded Franklin Electric Co., Inc. (NASDAQ:FELE) from Neutral to Buy on November 02, 2026.
At publication ·
What changed
Franklin Electric Co., Inc. (NASDAQ:FELE) · upgrade
- Firm
- DA Davidson
- Rating
- Neutral to Buy
- Price at event
- $100.89
- Market capitalization
- $4.3B
At a glance
Key takeaways
- DA Davidson upgraded Franklin Electric (FELE) from Neutral to Buy on November 2, 2026, suggesting analysts identified improving fundamentals or favorable risk-reward opportunities.
Market Context
Franklin Electric Co., Inc. operates in the Industrials sector. The stock currently trades at $100.89 with a market capitalization of $4.3B. The stock has gained 0.6% over the past 52 weeks.
Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. DA Davidson's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Franklin Electric Co., Inc.
Among the 10 most recent ratings: 1 Buy, 9 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Nov 02, 2026 | DA Davidson | Buy | N/A |
| Sep 09, 2026 | DA Davidson | Neutral | N/A |
| Jul 29, 2026 | DA Davidson | Neutral | N/A |
| Jul 29, 2026 | Baird | Neutral | N/A |
| Jun 16, 2026 | DA Davidson | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View FELE Stock Page
Frequently Asked Questions
What does the Buy rating mean for FELE?
A rating of Buy from DA Davidson reflects the analyst's outlook on Franklin Electric Co., Inc. (NASDAQ:FELE). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FELE forecast page.