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Enter Symbol:
 
Flowserve Corporation (FLS) [hlAlert]

Rating:
Outperform
FLS
down 7.84 %

Flowserve Corporation (FLS) rated Outperform with price target $175 by Oppenheimer

Posted on: Wednesday,  Dec 19, 2012  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Flowserve Corporation (NYSE: FLS) on 12/19/2012, when the stock price was $48.02. Since
then, Flowserve Corporation has lost 7.84% as of 01/07/2016's recent price of $44.25.
If you would have followed this Oppenheimer's recommendation on FLS, you would have lost 7.84% of your investment in 1114 days.

Flowserve Corporation (Flowserve) is a manufacturer and aftermarket service provider of comprehensive flow control systems. The Company is engaged in developing and manufacturing precision-engineered flow control equipment, such as pumps, valves and seals, for critical service applications. Through the manufacturing platform, the Company offers a range of aftermarket equipment services, such as installation, advanced diagnostics, repair and retrofitting. The Company operates in three business segments: flowserve pump division (FPD) for engineered pumps, industrial pumps and related services; flow control division (FCD) for engineered and industrial valves, control valves, actuators and controls and related services, and flow solutions division (FSD) for precision mechanical seals and related products and services. In April 2009, the Company acquired CALDER AG.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2012 8:25 AM Buy
None
48.02 57.75
as of 12/31/2012
1 Week up  1.61 %
1 Month up  0.89 %
3 Months   
1 YTD up  0.89 %

(*) Stock Price at the time of the recommendation.
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