Multi-Year Tailwinds Lead to a Bullish Stance on Flowserve (FLS)
RBC Capital has maintained an Outperform rating on Flowserve (FLS), increasing its target price from $76 to $83 due to a constructive outlook for the Multi-Industry segment. This optimism is driven by attractive valuations, data center momentum, megaprojects, and multi-year secular tailwinds like energy transition and reshoring. Flowserve, a manufacturer of industrial flow management equipment and provider of fluid motion control solutions, is seen as a strong investment, although the article suggests certain AI stocks may offer greater upside.
https://finviz.com/news/302420/multi-year-tailwinds-lead-to-a-bullish-stance-on-flowserve-fls