B of A Securities Maintains Buy on Flowserve, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Buy rating on Flowserve (NYSE:FLS) and raises the price target from $48 to $57.
April 30, 2024 | 4:25 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Flowserve and increases the price target from $48 to $57.
The upgrade in the price target by a reputable analyst like Andrew Obin suggests a strong confidence in Flowserve's future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100