Piper Sandler initiated coverage of Flowco (FLOC) with an Overweight rating and $34 price target Flowco is a pure-play North America provider of production optimization, artificial lift, and methane abatement solutions, the analyst tells investors in a research note. The firm says the company’s “unique story” appears to resonate with investors as it provides an investment angle into the production cycle. Piper views Flowco as one of the few growth stories in North America and notes its “elevated margin profile.”
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Read More on FLOC:
- Buy Rating Affirmed for Flowco Holdings Inc: Strong Growth Potential and Unique Market Position Highlighted
- Flowco Holdings Inc: Positioned for Growth with Strong Market Leadership and Strategic Integration
- Flowco initiated with an Outperform at BMO Capital
- Flowco Holdings Inc: Dominant Position and Projected Growth in Artificial Lift and Methane Abatement Markets
- Flowco CEO buys $1.2M in common stock
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