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Fly News Breaks for January 18, 2018
FLR
Jan 18, 2018 | 06:18 EDT
Credit Suisse analyst Jamie Cook upgraded Fluor to Outperform from Neutral and raised his price target for the shares to $71 from $43. The analyst says investors will gravitate back to Engineering & Construction stocks as fundamentals for the group are improving. Fluor will be the "go-to name," viewed as a higher quality bellwether with a diverse end market offering, Cook tells investors in a research note.
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