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Stock Market & Financial Investment News

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April 25, 2014
08:15 EDTFLSFlowserve weakness creates buying opportunity, says Oppenheimer
After Flowserve reported in-line Q1 EPS while its OE orders fell 15% year-over-year, Oppenheimer thinks the company has a number of positive catalysts, including attractive project awards in April and strong gross margin improvements. The firm notes that the company's EPs guidance remains unchanged, and it reiterates an Outperform rating.
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