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In a recent research report, Benchmark has lowered FLIR System's
FLIR PT to $25.
In the report, Benchmark explained, “FLIR reported a mixed Q4. Revenue and EPS from continuing operations were $405 million and $0.49 vs. consensus of $436 million and $0.45. The miss was primarily due to weaker Commercial, though Government was also lower than our estimate.”
Benchmark maintains its Hold rating on FLIR Systems, which closed Friday at $24.90.
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