The Fly

Fluor price target raised to $37 from $32 at Baird

Baird analyst Andrew Wittmann raised the firm’s price target on Fluor to $37 from $32 and keeps an Outperform rating on the shares. The analyst said the company appears to have been recognizing its profitability far more conservatively than the past which offers favorable upside potential in time, should execution merit. Overall, its discounted valuation and opportunity for asymmetric upside risk have the analyst incrementally more positive.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on FLR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More