Benchmark Lowers PT and Estimates on FLIR Systems (FLIR); Weak Pre-Announcement
Tweet
Share
E-mailGet Alerts FLIR Hot Sheet
Price: $57.34 --0%
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Benchmark maintains a 'Hold' on FLIR Systems, Inc. (NASDAQ: FLIR) price target lowered to $18.00.
Analyst, Josephine Millward, said, "FLIR pre-announced Q2 and lowered its FY12 guidance after the close yesterday...FY12 guidance reflects weakness in Thermography, cores, and Raymarine...We lower our FY12 sales and pro forma EPS estimates to $1,410 million and $1.42 to reflect the revised outlook. We lower our FY13 sales and EPS to $1,456 million and $1.57 on higher economic and government budget uncertainty...The weaker economy and budget uncertainty will likely continue in the coming quarters, in our view."
For an analyst ratings summary and ratings history on FLIR Systems, Inc. click here. For more ratings news on FLIR Systems, Inc. click here.
Shares of FLIR Systems, Inc. closed at $18.33 yesterday.
Analyst, Josephine Millward, said, "FLIR pre-announced Q2 and lowered its FY12 guidance after the close yesterday...FY12 guidance reflects weakness in Thermography, cores, and Raymarine...We lower our FY12 sales and pro forma EPS estimates to $1,410 million and $1.42 to reflect the revised outlook. We lower our FY13 sales and EPS to $1,456 million and $1.57 on higher economic and government budget uncertainty...The weaker economy and budget uncertainty will likely continue in the coming quarters, in our view."
For an analyst ratings summary and ratings history on FLIR Systems, Inc. click here. For more ratings news on FLIR Systems, Inc. click here.
Shares of FLIR Systems, Inc. closed at $18.33 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform
- Piper Sandler Reiterates Overweight Rating on Estee Lauder (EL), 'F4Q26 Preview'
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
