Citigroup Maintains Neutral on Fluor, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has maintained a Neutral rating on Fluor (NYSE:FLR) and increased the price target from $45 to $47.

April 22, 2024 | 5:21 pm
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Citigroup maintains a Neutral rating on Fluor and raises the price target from $45 to $47.
The increase in price target by Citigroup reflects a positive adjustment in their valuation of Fluor, suggesting a potential upside from the previous target. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the positive price target adjustment. This could lead to a short-term positive sentiment among investors, potentially increasing the stock price, but the neutral stance suggests limited upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100