Flowserve upgraded to Buy from Hold at Jefferies Jefferies upgraded Flowserve and other names in the industrial space on expectations orders will improve in the first half of 2014. The firm raised its price target for shares to $93 from $72.
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Flowserve weakness a buying opportunity, says Cowen Cowen expects shares of Flowserve to be weak following in-line Q2 results but they would use the weakness as a buying opportunity. The firm said Flowserve's order growth was not primarily driven by large projects, which leaves large project potential ahead of them. The firm has an Outperform rating with an $89 price target on the stock.