Citi Maintains Fluor Buy (FLR)

Citi maintained its Fluor FLR Buy rating in a research report published today. In the report, Citi states, "We do recognize the potential for share price volatility and skepticism on the behalf of investors the result of two consecutive quarters of material charges related to the Greater Gabbard Offshore Wind Farm project. Even so, we do not believe the project is a threat to the long term viability of the company and would use any undue weakness in the share prices as a buying opportunity." Shares of Fluor were trading at $68.60 in pre-market trading at the time of posting, up 0.31% from Wednesday's market close.