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Fluor Corporation (FLR) [hlAlert]

Rating:
Buy FLR
down 16.09 %

Fluor Corporation (FLR) rated Buy with price target $55 by Davenport

Posted on: Wednesday,  May 12, 2010  2:25 PM ET by Davenport

Davenport rated Buy Fluor Corporation (NYSE: FLR) on 05/12/2010, when the stock price was $53.76. Since
then, Fluor Corporation has lost 16.09% as of 01/25/2016's recent price of $45.11.
If you would have followed this Davenport's recommendation on FLR, you would have lost 16.09% of your investment in 2084 days.

Fluor Corporation (Fluor) is a holding company that, through its subsidiaries, provides engineering, procurement and construction management (EPCM) and project management services. Fluor serves a number of industries worldwide, including oil and gas, chemical and petrochemicals, transportation, mining and metals, power, life sciences and manufacturing. Fluor is also a primary service provider to the United States Federal Government. It performs operations and maintenance activities for major industrial clients, and also operates and maintains their equipment fleet. The Company is aligned into five principal operating segments: Oil and Gas, Industrial and Infrastructure, Government, Global Services and Power. Fluor Constructors International, Inc., which is organized and operates separately from its business segments, provides unionized management, construction and management services in the United States and Canada, both independently and as a subcontractor on projects to its segments.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2010 2:25 PM Buy
None
53.76 55.00
as of 12/31/2010
1 Week up  7.63 %
1 Month up  22.80 %
3 Months up  43.38 %
1 YTD up  32.10 %

(*) Stock Price at the time of the recommendation.
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