Citigroup Upgrades Fluor to Buy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has upgraded Fluor (NYSE:FLR) from Neutral to Buy and increased the price target from $52 to $65.
October 22, 2024 | 12:33 pm
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POSITIVE IMPACT
Citigroup has upgraded Fluor to a Buy rating and increased its price target to $65, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by Citigroup, along with a significant increase in the price target, suggests a strong positive sentiment from the analyst. This is likely to attract investor interest and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100