Goldman Sachs Maintains Sell on Flowserve, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Sell rating on Flowserve (NYSE:FLS) but raises the price target from $46 to $52.
October 10, 2024 | 3:02 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Sell rating on Flowserve but increased the price target from $46 to $52, indicating a slightly more optimistic outlook despite the negative rating.
The maintained Sell rating suggests a negative outlook, but the raised price target indicates some positive factors influencing the stock. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100