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Goldman Sachs Downgrades Fluor (FLR) to Buy

December 12, 2018 7:22 AM EST
Get Alerts FLR Hot Sheet
Price: $52.03 --0%

Rating Summary:
    13 Buy, 18 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 9 | New: 9
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Goldman Sachs analyst Jerry Revich downgraded Fluor (NYSE: FLR) from Conviction Buy to Buy with a price target of $44.00.

Following underperformance relative to the benchmark since being added to the Conviction Buy List the analyst removes the name noting that catalysts for upside are likely going to be delayed until 2020.

For an analyst ratings summary and ratings history on Fluor click here. For more ratings news on Fluor click here.

Shares of Fluor closed at $33.80 yesterday.



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Analyst Comments, Downgrades

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Goldman Sachs Conviction Buy List, Goldman Sachs