UBS Maintains Buy on Flowserve, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Damian Karas maintains a Buy rating on Flowserve (NYSE:FLS) and raises the price target from $46 to $54.
May 01, 2024 | 3:51 pm
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UBS analyst Damian Karas maintains a Buy rating on Flowserve and raises the price target from $46 to $54.
The upgrade in price target by UBS reflects a positive outlook on Flowserve's stock, suggesting an expectation of upward movement in its price. This is based on the analyst's assessment and the increase in the price target, which typically signals confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100