Flowserve (FLS) Tops Q1 EPS by 10c, Offers Guidance

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Flowserve Corp. (FLS) PT Raised to $59 at Citi

May 1, 2024 6:19 AM EDT

Citi analyst Andrew Kaplowitz raised the price target on Flowserve Corp. (NYSE: FLS) to $59.00 (from $56.00) while maintaining a Buy rating.

The analyst comments "FLS reported solid bookings (expecting FY24 book-to-bill above 1.0x) and elevated backlog (~$2.6bn), and in our view should provide good... More