RBC Capital Maintains Sector Perform on Flowserve, Raises Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Flowserve (NYSE:FLS) and raised the price target from $40 to $42.
August 04, 2023 | 1:32 pm
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Flowserve's price target has been raised from $40 to $42 by RBC Capital, maintaining a 'Sector Perform' rating.
The increase in price target by RBC Capital indicates a positive outlook for Flowserve. This could potentially lead to an increase in the stock's price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100