Goldman lifts Flowserve price target to $88 on improved margin visibility
Goldman Sachs increased its price target on Flowserve Corp. to $88 while keeping a Neutral rating, citing greater confidence in margin durability and conversion of longer-cycle backlog after the company's stronger-than-expected fourth-quarter 2025 results and optimistic 2026 guidance. The shares have surged in recent months, pushing valuation metri…