Baird analyst Andrew Wittmann raised the firm’s price target on Fluor to $54 from $46 and keeps an Outperform rating on the shares. The firm said execution is excellent and exposure to mega-trends is driving growth; combined, “New Fluor” might surprise investors with what it has to offer; GLP-1 manufacturing, semiconductor plants, data centers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLR:
- Fluor backs FY24 adjusted EPS view $2.50-$3.00, consensus $2.85
- Fluor reports Q2 adjusted EPS 85c, consensus 68c
- FLR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Fluor awarded contract for next phase of FEED work at SMR facility in Romania
- Fluor price target raised to $52 from $47 at Citi