These Analysts Revise Their Forecasts On Fluor After Q1 Results
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Fluor Corp (NYSE:FLR) reported disappointing Q1 results with earnings of 14 cents/share and sales of $3.663 billion, missing analyst estimates. Following this, analysts revised their price targets: Baird raised its target from $48 to $49, Citigroup lowered it from $61 to $56, and Truist Securities reduced it from $59 to $57. Despite the results, Fluor's CEO expressed optimism about new awards and growth potential. Fluor shares rose 0.5% to $43.52 after the announcement.
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