UBS raised the firm’s price target on Fluor (FLR) to $57 from $52 and keeps a Buy rating on the shares. Fluor is poised for a second half backlog inflection, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLR:
- Fluor price target raised to $48 from $45 at Baird
- Fluor’s Federal Contract Dependence Poses Heightened Revenue, Regulatory and Reputational Risks
- Fluor’s Earnings Call: Big Charges, Bigger Buybacks
- DME Capital buys BKV, boosts PG&E in Q4
- Starboard Value bought Clearwater and Fluor in Q4, sold Alight
