Flowserve (FLS) Receives a Rating Update from a Top Analyst

In a report released on June 6, Andrew Kaplowitz from Citi maintained a Buy rating on Flowserve (FLS – Research Report). The company's shares closed last Friday at $48.87.
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According to TipRanks, Kaplowitz is a top 25 analyst with an average return of 26.8% and a 72.63% success rate. Kaplowitz covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Fluor, and Rockwell Automation.
Currently, the analyst consensus on Flowserve is a Strong Buy with an average price target of $62.25, representing a 27.38% upside. In a report released on June 6, Stifel Nicolaus also maintained a Buy rating on the stock with a $59.00 price target.

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