UBS Upgrades Flowserve to Buy, Raises Price Target to $46
UBS analyst Damian Karas upgrades Flowserve (NYSE:FLS) from Neutral to Buy and raises the price target from $42 to $46.
Morgan Stanley Maintains Equal-Weight on Flowserve, Lowers Price Target to $42
Morgan Stanley analyst Joshua Pokrzywinski maintains Flowserve (NYSE:FLS) with a Equal-Weight and lowers the price target from $46 to $42.
RBC Capital Maintains Sector Perform on Flowserve, Lowers Price Target to $44
RBC Capital analyst Deane Dray maintains Flowserve (NYSE:FLS) with a Sector Perform and lowers the price target from $46 to $44.
Recap: Flowserve Q2 Earnings
Shares of Flowserve (NYSE:FLS) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 30.19% over the past year to $0.37, which missed the estimate of $0.41.
Flowserve Q2 EPS $0.37 Misses $0.41 Estimate, Sales $898.18M Beat $896.32M Estimate
Flowserve (NYSE:FLS) reported quarterly earnings of $0.37 per share which missed the analyst consensus estimate of $0.41 by 9.76 percent. This is a 30.19 percent decrease over earnings of $0.53 per share from the same
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
10 Biggest Price Target Changes For Thursday
DA Davidson lowered the price target for WD-40 Company (NASDAQ: WDFC) from $295 to $277. WD-40 shares gained 8% to $281.25 in pre-market trading.
Credit Suisse Upgrades Flowserve to Outperform, Raises Price Target to $48
Credit Suisse analyst John Walsh upgrades Flowserve (NYSE:FLS) from Neutral to Outperform and raises the price target from $43 to $48.