Flowserve Stock Gains From Business Strength Despite Headwinds
Portfolio Pulse from
Flowserve Corporation (FLS) is experiencing gains due to strong performance in its original equipment and aftermarket businesses, along with solid bookings and shareholder-friendly policies. However, the company faces challenges from rising costs and expenses.
December 02, 2024 | 4:30 pm
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Flowserve Corporation is benefiting from strong performance in its original equipment and aftermarket businesses, as well as solid bookings and shareholder-friendly policies. However, rising costs and expenses pose challenges.
Flowserve's strong performance in key business areas and shareholder-friendly policies are likely to positively impact its stock price in the short term. However, the rising costs and expenses could limit the extent of these gains.
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