Flowco (NYSE:FLOC) Coverage Initiated at Evercore ISI

Stock analysts at Evercore ISI initiated coverage on shares of Flowco (NYSE:FLOC) in a research report issued to clients and investors on Monday, MarketBeat.com reports. The firm set an “outperform” rating and a $35.00 price target on the stock. Evercore ISI’s price objective suggests a potential upside of 29.15% from the stock’s current price.

A number of other research firms have also recently commented on FLOC. BMO Capital Markets started coverage on Flowco in a research report on Monday. They set an “outperform” rating and a $33.00 target price on the stock. Jefferies Financial Group initiated coverage on Flowco in a research note on Monday. They issued a “buy” rating and a $35.00 price objective for the company. Piper Sandler assumed coverage on shares of Flowco in a research report on Monday. They set an “overweight” rating and a $34.00 target price on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of Flowco in a research report on Monday. They issued an “overweight” rating and a $32.00 price target for the company. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $33.80.

Flowco Stock Performance

Shares of 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.

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.