Roth Capital analyst Craig Irwin raised his price target for Power Solutions (PSIX) to $23 from $16 on positive industry data points from Navistar (NAV) raising 2H16 visibility. Navistar's demand commentary regarding Industrial end markets provides a broadly bullish read for Power Solutions, the analyst tells investors in a research note. Irwin believes Power Solutions is well positioned to supply Navistar in the 8% gasoline-engine portion of the medium-duty market, which it sees as a long-term opportunity. Roth Capital has a Buy rating on Power Solutions' shares.