TD Cowen raised the firm’s price target on Flowserve (FLS) to $60 from $57 and keeps a Buy rating on the shares. The firm said orders remain solid backlog is at highs and margins have inertia showing positive momentum.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLS:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue