Citi analyst Andrew Kaplowitz raised the firm’s price target on Flowserve (FLS) to $65 from $58 and keeps a Buy rating on the shares. The firm adjusted targets in the industrial conglomerate group as part of a Q2 earnings preview. It expects most in the sector to report solid results and slightly increase 2025 earnings outlooks.
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Read More on FLS:
- Flowserve’s Strategic Growth and Profitability Boost through GTLS Integration
- Flowserve well positioned for solid earnings, says Citi
- Strategic Merger of Flowserve and Chart Industries Promises Growth and Enhanced Valuation
- Jefferies positive on Flowserve merger, sees path to $70 per share
- Chart Industries named a ‘Top Pick’ at Morgan Stanley
