KeyBanc Downgrades FLIR Systems, Inc. (FLIR) to Hold
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Price: $57.34 --0%
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 8 | New: 36
Rating Summary:
3 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 8 | New: 36
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KeyBanc downgraded FLIR Systems, Inc. (NASDAQ: FLIR) from Buy to Hold following Q2 earnings.
"Our decision to downgrade shares is primarily based on recent share performance and valuation, coupled with what believe are lingering pressures in the defense market," analyst Michael Ciarmoli said.
The firm moved FY 2013 EPS estimates from $1.62 to $1.64 and FY 2014 EPS from $1.79 to $1.78.
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 $31.91 yesterday.
"Our decision to downgrade shares is primarily based on recent share performance and valuation, coupled with what believe are lingering pressures in the defense market," analyst Michael Ciarmoli said.
The firm moved FY 2013 EPS estimates from $1.62 to $1.64 and FY 2014 EPS from $1.79 to $1.78.
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 $31.91 yesterday.
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