Flowco price target lowered to $28 from $33 at Piper Sandler

Piper Sandler analyst Derek Podhaizer lowered the firm’s price target on Flowco (FLOC) to $28 from $33 to reflect the general derating across U.S. Land, while keeping an Overweight rating on the shares. Initially, the firm expected Flowco shares to come under pressure given the below consensus Q3 2025 guide and softness around the full year range despite the solid Q2 2025 results coupled with an accretive acquisition. However, Piper was pleasantly surprised to see Flowco +4% outperforming the +3% OIH.