Flowco Holdings: Jefferies maintains Buy rating, lowers PT to $28.

Flowco Holdings: Jefferies maintains Buy rating, lowers PT to $28.

Jefferies Financial Group has maintained a "Buy" rating for Flowco Holdings (NYSE: FLOW) while lowering its price target to $28. The investment research firm's decision comes following Flowco's recent financial performance and strategic initiatives. Despite the price target reduction, Jefferies believes that Flowco's long-term prospects remain strong.

Flowco Holdings, a leading provider of high-performance materials and solutions, reported its second-quarter earnings last week. The company's adjusted earnings per share (EPS) of $1.25 exceeded the analyst consensus estimate of $1.20, indicating strong operational performance. Revenue for the quarter was $1.4 billion, a 5% year-over-year (Y/Y) increase, meeting the consensus estimate of $1.4 billion [1].

Jefferies analysts highlighted Flowco's strategic initiatives, particularly its focus on expanding its portfolio of high-performance materials and improving operational efficiency, as key drivers for the company's growth. The firm expects Flowco to continue its growth trajectory, driven by increasing demand for advanced materials in industries such as aerospace, automotive, and electronics.

The stock price action for Flowco Holdings has been mixed in recent weeks. The stock traded at $27.50 on July 2, 2025, down from its peak of $30 in May 2025. However, the stock has shown resilience, trading above its 200-day moving average of $26.80. The company's strong fundamentals and strategic positioning have bolstered investor confidence, despite the recent price target reduction.

Jefferies' decision to maintain a "Buy" rating for Flowco Holdings underscores the company's potential for growth and profitability. The firm's focus on expanding its product offerings and improving operational efficiency positions it well to capitalize on the growing demand for high-performance materials.

References:
[1] https://www.marketbeat.com/instant-alerts/jefferies-financial-group-reaffirms-buy-rating-for-teekay-tankers-nysetnk-2025-07-31/