Baird raised the firm’s price target on Flowserve (FLS) to $76 from $70 and keeps an Outperform rating on the shares. The firm updated its model following results which showed resilient orders and it key positves from the quarter including capital discipline and margins.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLS: