Information Provided By:
Fly News Breaks for October 11, 2018
FLR
Oct 11, 2018 | 07:32 EDT
UBS analyst Steven Fisher noted when he upgraded Fluor in August he had a three-pronged thesis, which included cleaner quarters. He admitted he may have been early, as evidenced by the company's pre-announcement, but he said he still feels confident in the company's earnings potential for 2020. Fisher reiterated his Buy rating and $69 price target on Fluor shares.