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Fly News Breaks for March 27, 2017
FLS
Mar 27, 2017 | 08:23 EDT
As noted earlier, BMO Capital upgraded Flowserve to Outperform from Market Perform. Analyst B. Scott graham upgraded the stock based on his new forecast of a 0%-5% increase in global oil and gas capex for 2017, up from his previous estimate of a 0%-5% decrease. Target to $53 from $46.