Goldman Sachs Starts FLIR Systems (FLIR) with a Neutral

February 25, 2010 7:18 AM EST Send to a Friend
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Price: $30.85 --0%

Rating Summary:
    8 Buy, 8 Hold, 1 Sell

Rating Trend: Up Up

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    Up: 0 | Down: 0 | New: 0
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Goldman Sachs initiates coverage on FLIR Systems (Nasdaq: FLIR) with a Neutral rating and $30 price target. The firm called FLIR a great company with an end-market problem.

The firm is cautious because over half of its current revenue and roughly three-fourths of its current operating income are derived from Government Systems.

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