Keybanc Initiates Coverage On Fluor with Sector Weight Rating
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sangita Jain has initiated coverage on Fluor Corporation (NYSE:FLR) with a Sector Weight rating, indicating a neutral outlook on the company's stock.
January 10, 2024 | 12:52 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Fluor Corporation (NYSE:FLR) received a Sector Weight rating from Keybanc, suggesting a neutral stance on the stock by the analyst.
A Sector Weight rating generally suggests that the analyst believes the company's stock performance will be in line with the average returns of the industry sector. This rating does not indicate a strong buy or sell signal, hence the short term impact on the stock price is likely to be minimal. However, the initiation of coverage by an analyst can increase investor interest and visibility for the company.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100