Alliance Global Partners raised the firm’s price target on Flotek (FTK) to $10 from $8 and keeps a Buy rating on the shares. The company reported “impressive” Q4 results despite a continued slowdown in industry activity, the analyst tells investors in a research note. The firm cites continued strength in the business and a valuation roll forward to 2026 estimates for the target increase.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTK:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue