Flowco (NYSE:FLOC) Upgraded to Strong-Buy at Pickering Energy Partners

Pickering Energy Partners upgraded shares of Flowco (NYSE:FLOC) to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

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

Flowco Stock Performance

Shares of 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.