Flowserve's Valuation Revisited After Zacks Upgrade and Strong Quarter

Flowserve (FLS) received a Zacks Rank upgrade due to rising earnings estimates and a strong quarter. The stock's share price has climbed to $71.89, with recent momentum building on already impressive multi-year total shareholder returns. Analysts have a consensus price target of $66.5, but there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $76.0 and the most bearish reporting a price target of $60.0. The valuation case leans positive, setting up a key growth debate.