Piper Sandler Begins Coverage on Flowco (NYSE:FLOC)

Equities researchers at Piper Sandler assumed coverage on shares of Flowco (NYSE:FLOC) in a note issued to investors on Monday, MarketBeat reports. The brokerage set an “overweight” rating and a $34.00 price target on the stock. Piper Sandler’s price target suggests a potential upside of 25.46% from the company’s previous close.

FLOC has been the topic of several other reports. JPMorgan Chase & Co. began coverage on Flowco in a report on Monday. They set an “overweight” rating and a $32.00 price objective on the stock. Jefferies Financial Group began coverage on shares of Flowco in a research note on Monday. They issued a “buy” rating and a $35.00 price target for the company. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Flowco has an average rating of “Buy” and a consensus target price of $33.80.

Flowco Stock Down 4.9 %

NYSE FLOC opened at $27.10 on Monday. Flowco has a fifty-two week low of $26.90 and a fifty-two week 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.