Citigroup Maintains Neutral on Fluor, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has maintained a Neutral rating on Fluor Corporation (NYSE:FLR) and increased the price target from $44 to $45.
January 26, 2024 | 2:58 pm
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Citigroup has maintained a Neutral rating on Fluor but raised the price target from $44 to $45, indicating a potential upside from the previous target.
The increase in price target by Citigroup suggests a positive outlook on Fluor's future performance, albeit the Neutral rating indicates that the analyst does not see significant momentum in either direction. This could lead to a modest positive short-term impact on the stock as investors may interpret the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100