Flotek price target raised to $20 from $16 at Northland

Northland raised the firm’s price target on Flotek (FTK) to $20 from $16 and keeps an Outperform rating on the shares as it rolls out its 2027 estimates. The firm met with the Data Analytics team in Austin for a deep dive into the high-margin, high-growth potential business unit and came away with a better appreciation for its differentiation and long-term growth opportunities, the analyst tells investors.