BofA raised the firm’s price target on Flowserve (FLS) to $90 from $80 and keeps a Neutral rating on the shares post the earnings report. The company sees robust growth in its higher-margin aftermarket business continuing, the analyst tells investors in a research note.
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: Strong Margin Execution but Soft Demand Leaves Risk–Reward Balanced at Hold
- Flowserve Posts Strong 2025 Results, Announces Trillium Valves Deal
- Flowserve buys Trillium Flow Technologies’ valves division for $490M
- Flowserve reports Q4 adjusted EPS $1.11, consensus 94c
- Flowserve sees FY26 adjusted EPS $4.00-$4.20, consensus $4.00