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Stock Market & Financial Investment News

News Breaks
January 25, 2013
07:25 EDTFLSCorrection: Flowserve maintained as a Buy at CL King
Our previous note said shares were downgraded, which was incorrect and has been removed. CL King downgraded Flowserve to Buy from Strong Buy on December 12, 2012.
News For FLS From The Last 14 Days
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January 29, 2015
09:58 EDTFLSFlowserve reported strong Q4 orders, says Stifel
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09:14 EDTFLSFlowserve comments encouraging, says BB&T
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08:56 EDTFLSFlowserve core growth still solid, says BMO Capital
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January 28, 2015
16:22 EDTFLSFlowserve sees FY15 adjusted EPS $3.60-$4.00, consensus $3.99
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16:21 EDTFLSFlowserve narrows FY14 EPS view to $3.70-$3.75, consensus $
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16:19 EDTFLSFlowserve reports preliminary Q4 EPS $1.10-$1.15, consensus $1.13
Reports preliminary Q4 revenue approximately $1.38B, consensus $1.41B.
January 22, 2015
10:03 EDTFLSOn the Fly: Analyst Downgrade Summary
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08:01 EDTFLSFlowserve downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Flowserve to Neutral from Buy. The firm downgraded shares to reflect weaker bookings and sales growth due to oil and gas headwinds. Price target lowered to $61 from $72.
07:05 EDTFLSFlowserve downgraded to Neutral from Buy at BofA/Merrill
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06:33 EDTFLSFlowserve downgraded to Neutral from Outperform at RW Baird
January 18, 2015
17:03 EDTFLSFlowserve should benefit when oil prices stabilize, Barron's says
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January 16, 2015
10:01 EDTFLSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 21st Century Fox (FOXA) initiated with a Buy at Stifel... Arista Networks (ANET) initiated with a Neutral at Buckingham... Boston Beer (SAM) initiated with a Buy at Jefferies... Brocade (BRCD) initiated with a Neutral at Buckingham... CBS (CBS) initiated with a Buy at Stifel... Cabela's (CAB) initiated with an Outperform at Raymond James... Coach (COH) initiated with a Market Perform at Bernstein... Costco (COST) initiated with an Outperform at BMO Capital... Crane (CR) initiated with a Hold at Canaccord... Flowserve (FLS) initiated with a Neutral at Susquehanna... Fortinet (FTNT) initiated with a Buy at Buckingham... Gap (GPS) initiated with a Market Perform at Bernstein... GrubHub (GRUB) initiated with a Buy at Stifel... Imperva (IMPV) initiated with a Neutral at Buckingham... KLX Inc. (KLXI) initiated with a Sector Perform at RBC Capital... KNOT Offshore Partners (KNOP) initiated with a Buy at UBS... L Brands (LB) initiated with a Market Perform at Bernstein... Michael Kors (KORS) initiated with an Outperform at Bernstein... Northstar Realty (NRF) initiated with a Buy at Sterne Agee... OmniVision (OVTI) initiated with a Buy at Rosenblatt... Qorvo (QRVO) initiated with a Buy at Brean ... RSP Permian (RSPP) initiated with an Outperform at Northland... Ross Stores (ROST) initiated with a Market Perform at Bernstein... SPX Corp. (SPW) initiated with a Neutral at Susquehanna... TJX (TJX) initiated with an Outperform at Bernstein... Tiffany (TIF) initiated with a Market Perform at Bernstein... Viacom (VIAB) initiated with a Buy at Stifel... Xylem (XYL) initiated with a Neutral at Susquehanna... iGATE (IGTE) initiated with a Buy at Deutsche Bank... lululemon (LULU) initiated with an Outperform at Bernstein.
06:21 EDTFLSFlowserve initiated with a Neutral at Susquehanna
Target $59.

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