Gleacher & Co. Reiterates a 'Buy' on Fluor Corp. (FLR); Meeting Recap - Mining Strength Continues
FLR Hot Sheet
Rating Summary:13 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
Gleacher & Co. reiterates a 'Buy' rating on Fluor Corp. (NYSE: FLR), price target $65.
Gleacher analyst says, "We had a meeting with Fluor in Dallas on June 25, 2010. We believe FLR's
business continues to show signs of improvement, particularly in Mining. In our view, the market has been overlooking blatantly obvious good news, such as strong oil prices and rising oil demand forecasts. We believe investors will ultimately be rewarded as the coming catalysts are obvious but overlooked by a sleepy market/investors mindset."
To see all the upgrades/downgrades on shares of FLR, visit our Analyst Ratings page.
Fluor Corporation (Fluor) is a holding company.
Gleacher analyst says, "We had a meeting with Fluor in Dallas on June 25, 2010. We believe FLR's
business continues to show signs of improvement, particularly in Mining. In our view, the market has been overlooking blatantly obvious good news, such as strong oil prices and rising oil demand forecasts. We believe investors will ultimately be rewarded as the coming catalysts are obvious but overlooked by a sleepy market/investors mindset."
To see all the upgrades/downgrades on shares of FLR, visit our Analyst Ratings page.
Fluor Corporation (Fluor) is a holding company.
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