Jefferies Financial Group assumed coverage on shares of Flowco (NYSE:FLOC – Free Report) in a research note issued to investors on Monday morning, MarketBeat reports. The firm issued a buy rating and a $35.00 target price on the stock.
Separately, JPMorgan Chase & Co. initiated coverage on Flowco in a research note on Monday. They issued an “overweight” rating and a $32.00 price objective on the stock. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Flowco presently has an average rating of “Buy” and an average target price of $33.80.
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About Flowco
We are a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. Our products and services include a full range of equipment and technology solutions that enable our customers to efficiently and cost-effectively maximize the profitability and economic lifespan of the production phase of their operations.
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