Evercore ISI Initiates Coverage on Flowco (NYSE:FLOC)

Evercore ISI assumed coverage on shares of Flowco (NYSE:FLOC) in a note issued to investors on Monday,Briefing.com Automated Import reports. The firm set an “outperform” rating and a $35.00 price target on the stock. Evercore ISI’s price objective would suggest a potential upside of 22.12% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. Piper Sandler began coverage on Flowco in a report on Monday. They set an “overweight” rating and a $34.00 price target on the stock. BMO Capital Markets began coverage on Flowco in a report on Monday. They issued an “outperform” rating and a $33.00 target price on the stock. Jefferies Financial Group began coverage on Flowco in a report on Monday. They issued a “buy” rating and a $35.00 target price on the stock. Finally, JPMorgan Chase & Co. began coverage on Flowco in a report on Monday. They issued an “overweight” rating and a $32.00 target price on the stock. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $33.80.

Flowco Stock Up 0.6 %

Shares of Flowco stock opened at $28.66 on Monday. Flowco has a one year low of $27.02 and a one year high of $30.50.

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.