Group 1 - Flowserve Corporation (NYSE:FLS) is recognized as one of the top 15 Industrial Machinery and Supplies stocks to buy according to hedge funds [1] - As of February 3, Flowserve had a moderately bullish analyst sentiment with coverage from 8 analysts, including 5 Buy ratings and 3 Hold ratings, and a median 1-year price target of $82 [1] - Deane Dray of RBC Capital maintained an Outperform rating on Flowserve and revised the target price estimate from $76 to $83, indicating a potential upside of approximately 5% from the current level [2][3] Group 2 - Dray's optimistic outlook for the Multi-Industry segment in 2026 is based on attractive valuations, datacenter momentum, and megaprojects expected to drive returns, despite sluggish demand for industrials [3] - Flowserve is a manufacturer and distributor of industrial flow management equipment, providing solutions such as industrial pumps, mechanical seals, and aftermarket services, along with maintenance services including diagnostics and repair [4]
Multi-Year Tailwinds Lead to a Bullish Stance on Flowserve (FLS)