TD Cowen raised the firm’s price target on Flowserve (FLS) to $100 from $80 and keeps a Buy rating on the shares. The firm said the company is well positioned to capitalize on AI electricity buildout (nuclear or otherwise) and aligned with recent investor interest in the broader energy sector with clear internal momentum on margins.
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Read More on FLS:
- Flowserve: Positioned for AI-Driven Power Buildout With Sustained Mid-Teens EPS Growth Supporting Buy Rating and $100 Target
- Flowserve increases quarterly dividend 5% to 22c per share
- Flowserve Earnings Call Highlights Margin Breakthrough, Nuclear Bet
- Flowserve price target raised to $96 from $83 at RBC Capital
- Flowserve price target raised to $98 from $81 at Baird
