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Flowserve ([[FLS]] +0.5%) edges higher after Credit Suisse upgrades shares to Outperform from Neutral with a $48 price target, raised from $43, believing the name is oversold following an ~8% decline over the past month.Credit Suisse's John Walsh says he is "opportunistically" upgrading ahead...
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The rising demand for oil and natural gas upon the resumption of economic activities and production cuts by the world’s major oil-producing countries have enabled the oil and gas industry to rebound quickly from pre-pandemic levels. The fast recovery of the global economy portrays a po...
The recently kicked out of the S&P 500 Flowserve has a strong and diversified business both across industries and geographies. The less capital-intensive nature of Flowserve's business also allows it to retain profitability even during sharp downturns. All that in conjunction ...
Shares of Flowserve Corporation (NYSE:FLS) traded at a new 52-week high today of $44.16. Approximately 67,000 shares have changed hands today, as compared to an average 30-day volume of 758,000 shares. Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flo...
Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that Amy Schwetz, senior vice president and chief financial officer, will present at the Stifel 2021 Virtual Cross Sector Insight Conference...
Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that Scott Rowe, president and chief executive officer, will present virtually at the Cowen Sustainability & Energy Transition Summit on...
#Wallstreet usually prices in events before they happen, and that is as true for Flowserve (NYSE: FLS) as it is for any other company. If news is anticipated, and investors want to know what to expect, a simple review of the stock's price action is one of the best ways to do that....
Flowserve Corp. (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2021 Annual Meeting of Shareholders today. Concerning the official business of the meeting, the Company announced that its shareholders re-el...
No matter what industry we are talking about, #politics and policy changes can affect the #price of a #stock in that industry, and Flowserve (NYSE: FLS) is not an exception. FLS like every other company, it will experience ebbs and flows based on this type of news too, so it is im...
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2024-07-30 18:15:04 ET Goldman Sachs analyst issues SELL recommendation for FLS on July 30, 2024 04:03PM ET. The previous analyst recommendation was Sell. FLS was trading at $49.23 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current a...
2024-07-30 08:00:17 ET Andrew Obin from Bank of America Securities issued a price target of $60.00 for FLS on 2024-07-30 07:00:00. The adjusted price target was set to $60.00. At the time of the announcement, FLS was trading at $50.89. The overall price target consensus ...
Second quarter Reported and Adjusted 1 Earnings Per Share (EPS) 2 of 55 cents and 73 cents, an increase of 41% and 40%, respectively, driven by strong operational execution Bookings of $1.25 billion were the highest quarterly level since 2014 and includes record aftermarket ac...