Fluor Corp. (FLR) Misses Q1 EPS by 6c ; Offers Guidance

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Fluor (FLR) PT Raised to $42.50 at BofA Securities

May 6, 2024 5:51 AM EDT

BofA Securities analyst Michael Feniger raised the price target on Fluor (NYSE: FLR) to $42.50 (from $41.50) while maintaining a Neutral rating.

The analyst comments "FLR shares fell 6% (vs SPX +1%) on the back of weak 1Q: adj. EBITDA of $88mn (+24% YoY) missed consensus... More