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Enter Symbol:
 
Flowserve Corporation (FLS) [hlAlert]

Rating:
Buy FLS
down 28.49 %

Flowserve Corporation (FLS) rated Buy with price target $70 by Maxim Group

Posted on: Wednesday,  Feb 18, 2015  3:25 PM ET by Maxim Group

Maxim Group rated Buy Flowserve Corporation (NYSE: FLS) on 02/18/2015, when the stock price was $61.88. Since
then, Flowserve Corporation has lost 28.49% as of 01/07/2016's recent price of $44.25.
If you would have followed this Maxim Group's recommendation on FLS, you would have lost 28.49% of your investment in 323 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2015 3:25 PM Buy
None
61.88 70.00
as of 8/27/2015
1 Week down  -3.51 %
1 Month down  -18.20 %
3 Months down  -22.49 %
1 YTD down  -28.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2014 12:00 AM Buy
None
77.88 92.00
10/28/2010 9:25 AM Hold
None
35.06
5/1/2009 10:25 AM Buy
None
23.04 28.05
2/10/2009 9:25 AM Buy
None
18.41 23.10
12/9/2008 8:25 AM Buy
None
14.87 18.15

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