 UBS analyst Damian Karas upgraded Flowserve Corp NYSE:FLS to Buy from Neutral and raised the price target to 46 implying an upside of 29.29 from 42. Karas notes companys expected earnings growth of over 50 through FY23 looks underappreciated relative to the risks around supply chain headwinds, ESG unfavorability given its 40 oil and gas exposure, and the macro related stock pressures. 