Baird lowered the firm’s price target on Fluor (FLR) to $46 from $58 and keeps a Neutral rating on the shares. The firm said the valuation is becoming more interesting as its weak outlook weighs on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLR:
- Fluor Corporation’s Debt Covenants Threaten Financial Stability and Flexibility
- Fluor Corporation Reports Robust 2024 Financial Performance
- Fluor files automatic mixed securities shelf
- Delta flight crashes in Toronto, Southwest cuts corporate roles: Morning Buzz
- Morning Movers: Medtronic dips following third quarter results