Flowserve price target raised to $96 from $83 at RBC Capital

RBC Capital raised the firm’s price target on Flowserve (FLS) to $96 from $83 and keeps an Outperform rating on the shares. There was a lot to like in the company’s Q4 beat, including upside 2026 guidance, a chunky $490M nuclear valve bolt-on deal, and new 2030 targets implying 520 bps of targeted margin improvement from 2025, the analyst tells investors in a research note.