Fluor Upgraded At Stifel Nicolaus To Buy (FLR)

Stifel Nicolaus upgraded shares of Fluor FLR from Hold to Buy today prior to the opening bell. The firm also put a $57 price target on the stock. Yesterday afternoon after the closing bell, Fluor (FLR) reported earnings per share of $0.76 compared to Wall Street estimates of $0.74. During today's trading session, FLR has gained 1.70% to $49.83. The stock opened up lower, and immediately rallied into positive territory during the first few minutes of trading. Fluor Corporation (FLR) is a holding company. The Company is a professional services firm, providing engineering, procurement, construction and maintenance, as well as project management services on a global basis.