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Fly News Breaks for August 4, 2017
FLR
Aug 4, 2017 | 06:05 EDT
DA Davidson analyst Brent Thielman downgraded Fluor to Neutral and cut his price target for the shares to $48 from $55. A recovery in the shares could take longer than expected following the "substantial"power project charges and "significant" reduction in backlog and bookings in Q2, Thielman tells investors in a post-earnings research note.
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