Flowserve Completes Divestiture of Gestra AG Business Unit
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Flowserve Corp. (FLS) PT Raised to $55 at Stifel Following 1Q Results
May 3, 2017 9:13 AM EDTStifel 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
