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Enter Symbol:
 
Flowserve Corporation (FLS) [hlAlert]

Rating:
Buy FLS
down 29.52 %

Flowserve Corporation (FLS) rated Buy by BofA/Merrill

Posted on: Wednesday,  Oct 16, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Flowserve Corporation (NYSE: FLS) on 10/16/2013, when the stock price was $62.79. Since
then, Flowserve Corporation has lost 29.53% as of 01/07/2016's recent price of $44.25.
If you would have followed this BofA/Merrill's recommendation on FLS, you would have lost 29.52% of your investment in 813 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2013 8:25 AM Buy
None
62.79
as of 12/13/2013
1 Week up  2.00 %
1 Month up  1.82 %
3 Months up  15.24 %
1 YTD up  15.24 %

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