Flowserve price target raised to $77 from $75 at Stifel

Stifel analyst Nathan Jones raised the firm’s price target on Flowserve (FLS) to $77 from $75 and keeps a Buy rating on the shares. Q4 results were below consensus and below the midpoint of guidance and 2025 guidance “may be a shade light on revenue and effectively in-line on EPS,” the analyst says. However, “nothing today changed our positive view of the shares,” the analyst added in a post-earnings note.