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High materiality8/10

Nuclear Energy Is Back. This Stock Could Be a Hidden Way to Play It. - Barron's

Sep 25, 2024, 8:01 AM EDT1 sourcesAI-analyzed

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Flowserve is highlighted as a hidden play on nuclear energy by BofA. Nuclear business contributes 3-4% of Flowserve's sales but offers higher profitability. Analyst Andrew Obin sets a $60 price target, rating shares as 'Buy'. Flowserve stock gained 7.2% amid a growing interest in nuclear-powered AI solutions. 64% of analysts favor 'Buy' ratings for Flowserve, above S&P 500 average.

  • Flowserve is highlighted as a hidden play on nuclear energy by BofA.
  • Nuclear business contributes 3-4% of Flowserve's sales but offers higher profitability.
  • Analyst Andrew Obin sets a $60 price target, rating shares as 'Buy'.
  • Flowserve stock gained 7.2% amid a growing interest in nuclear-powered AI solutions.
  • 64% of analysts favor 'Buy' ratings for Flowserve, above S&P 500 average.

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