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Fly News Breaks for February 19, 2020
Feb 19, 2020 | 09:19 EDT
DA Davidson analyst Brent Thielman lowered his price target on Fluor to $15 and kept his Neutral rating, saying the SEC investigation into its financial reporting and potential for material revisions pose "significant risks". The analyst also notes that the company's initial FY20 EPS guidance calls for "significant" GAAP loss due to the incremental $119M in impairment and restructuring costs. Thielman adds that the stock could see some near-term support if Fluor's backdated financial filings show limited historical revisions and are submitted at least within a relatively short period beyond March.
News For FLR From the Last 2 Days
Jul 4, 2020 | 09:09 EDT
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly: 1. INFRASTRUCTURE BILL: The... To see the rest of the story go to See Story Here