Barclays on E&C: Flour (FLR) Remains a Top Pick; Mining Business Still Underappreciated

Barclays maintains an 'Overweight' on Flour (NYSE: FLR), PT $86.

Barclays analyst says, "After meeting with management, FLR remains one of our top picks in the E&C space. We continue to believe that FLR's diversification, and specifically, its strength in both mining and oil and gas markets should lead the company's backlog/earnings higher over time, and we believe the recent pullback in shares represents an attractive buying opportunity for longer-term investors."

For more ratings news on Flour click here and for the rating history of Flour click here.

Shares of Flour closed at $62.89 yesterday.

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