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Analysts Offer Insights on Industrial Goods Companies: Flowserve (FLS), Oneok (OKE) and Element Solutions (ESI)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Flowserve (FLSResearch Report), Oneok (OKEResearch Report) and Element Solutions (ESIResearch Report).

Flowserve (FLS)

Mizuho Securities analyst Brett Linzey maintained a Buy rating on Flowserve yesterday and set a price target of $35.00. The company’s shares closed last Thursday at $32.70.

According to TipRanks.com, Linzey is a 1-star analyst with an average return of -2.4% and a 40.0% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Zurn Water Solutions.

Flowserve has an analyst consensus of Moderate Buy, with a price target consensus of $35.86, implying a 3.3% upside from current levels. In a report issued on July 25, Stifel Nicolaus also maintained a Buy rating on the stock with a $38.00 price target.

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Oneok (OKE)

In a report issued on July 27, Gabe Moreen from Mizuho Securities reiterated a Hold rating on Oneok, with a price target of $64.00. The company’s shares closed last Thursday at $60.37.

According to TipRanks.com, Moreen is a 4-star analyst with an average return of 4.9% and a 69.6% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Plains All American.

Currently, the analyst consensus on Oneok is a Moderate Buy with an average price target of $70.50, representing a 15.8% upside. In a report issued on July 12, RBC Capital also maintained a Hold rating on the stock with a $69.00 price target.

Element Solutions (ESI)

Mizuho Securities analyst Kieran de Brun maintained a Buy rating on Element Solutions on July 27 and set a price target of $26.00. The company’s shares closed last Thursday at $19.59.

According to TipRanks.com, Brun is ranked #2715 out of 7966 analysts.

Element Solutions has an analyst consensus of Strong Buy, with a price target consensus of $24.67.

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