The firm expects Flowserve’s ( FLS) revenue growth to remain at healthy levels, driven by a strong backlog and sustained demand. Additionally, mergers and acquisitions serve as an upside lever for the company, offering further expansion opportunities in both existing and new markets, Baird said.

Fintel reports that on March 17, 2025, Baird upgraded their outlook for Flowserve (NYSE:FLS) from Neutral to Outperform. Analyst Price Forecast Suggests 48.84% Upside As of March 4, 2025, the average one-year price target for Flowserve is $72.

Baird R W upgraded shares of Flowserve (NYSE:FLS – Free Report) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports. Several other equities analysts have also recently weighed in on the stock.