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

Flowco (NYSE:FLOC) was upgraded by stock analysts at Pickering Energy Partners to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

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

Flowco Stock Performance

Flowco stock opened at $27.10 on Monday. Flowco has a 12 month low of $26.90 and a 12 month 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.