Imperial Capital analyst Jeff Kessler maintained an In-Line rating on Flir Systems and raised his price target to $56 from $51 following the company's Q4 results that were "largely consistent" with his expectations. In a research note to investors, Kessler says that at the company's current valuation, he believes Flir can efficiently manage its business and pay down debt with free cash flows. He is "uncertain" about the growth rate despite management's optimistic stanceon its business pipeline, as well as acquisitions which should create more organic revenue growth by 2020.