Flowserve (FLS) Tops Q1 EPS by 6c, Beats on Revenue; Reaffirms FY17 Guidance

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Go back to Flowserve (FLS) Tops Q1 EPS by 6c, Beats on Revenue; Reaffirms FY17 Guidance

Flowserve Corp. (FLS) PT Raised to $56 at BMO Capital Following 1Q Report; 'More Market Stabilization Evident'

May 3, 2017 10:25 AM EDT

BMO Capital raised its price target on Flowserve Corp. (NYSE: FLS) to $56.00 (from $53.00) while maintaining a Outperform rating, as the company reported 1Q earnings.

Analyst R. Scott Graham suggests booking trends point to end market stabilization, despite weak earnings per share and revenue results,... More

Flowserve Corp. (FLS) PT Raised to $55 at Stifel Following 1Q Results

May 3, 2017 9:13 AM EDT

Stifel raised its price target on Flowserve Corp. (NYSE: FLS) to $55.00 (from $53.00) while maintaining a Buy rating. Flowserve reported 1Q revenues of $863.6 million, ahead of the Street's $813.3 million estimate. Adjusted EPS of $0.25 beat the Street's $0.18 estimate.

A generally upbeat call with the company... More