Jefferies expects a “modest beat” from Flowco (FLOC) in Q4, forecasting EBITDA of $78.9M that would be 1% above the midpoint of guidance on revenue of $189.8M, which would be 0.4% above consensus, the analyst tells investors in a preview. Jefferies has a Buy rating and $28 price target on Flowco shares.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLOC: