Jefferies assumed coverage of Flowserve (FLS) with a Buy rating and a price target of $90, down from $100. Flowserve has done “an excellent job” of driving margin expansion and it still has the firepower to expand margins further beyond 2026, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLS:
- Flowserve Announces Leadership Changes in Pumps Division
- Flowserve Expands Board With Appointment of Brian Savoy
- Flowserve appoints Duke Energy CFO Brian Savoy as board member
- Flowserve price target raised to $100 from $80 at TD Cowen
- Flowserve: Positioned for AI-Driven Power Buildout With Sustained Mid-Teens EPS Growth Supporting Buy Rating and $100 Target