Pickering Energy Partners Upgrades Flowco (NYSE:FLOC) to “Strong-Buy”

Flowco (NYSE:FLOC) was upgraded by equities researchers at Pickering Energy Partners to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities analysts have also weighed in on FLOC. Evercore ISI initiated coverage on Flowco in a research note on Monday. They issued an “outperform” rating and a $35.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on shares of Flowco in a research note on Monday. They issued an “overweight” rating and a $32.00 price target for the company. Jefferies Financial Group began coverage on shares of Flowco in a research report on Monday. They set a “buy” rating and a $35.00 price objective on the stock. Piper Sandler began coverage on Flowco in a research note on Monday. They issued an “overweight” rating and a $34.00 target price on the stock. Finally, BMO Capital Markets initiated coverage on Flowco in a research note on Monday. They set an “outperform” rating and a $33.00 price target for the company. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Flowco currently has an average rating of “Buy” and a consensus target price of $33.80.

Flowco Price Performance

Shares of FLOC opened at $27.10 on Monday. Flowco has a 52-week low of $26.90 and a 52-week high of $30.50.

Flowco Company Profile

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.