Market Overview

Morgan Keegan Believes H1:11 Will Be Choppy For FLIR.

Share:

In a report published by Morgan Keegan, it believe H1:11 will be choppy for FLIR.

Morgan Keegan reported that it particularly sees the potential for weakness in Q1:11, and has reduced its quarterly estimate by $0.01. “Despite these concerns we remain optimistic about the long term outlook for FLIR, and note that we still expect around 10% organic growth in 2011, and for the company to return to 15% topline and 20% bottom line growth on average going forward. We maintain our Outperform rating and $38 price target on shares of FLIR.”

FLIR Systems closed yesterday at $31.85.

Posted-In: FLIR Systems Morgan KeeganAnalyst Color Analyst Ratings

 

Related Articles

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
TOLGoldman SachsInitiates Coverage On42.0
KBHGoldman SachsInitiates Coverage On36.0
YEXTSunTrust Robinson HumphreyMaintains28.0
LHCGSunTrust Robinson HumphreyMaintains160.0
DLRSunTrust Robinson HumphreyMaintains140.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Goldman Sachs Reiterates Buy Rating On STT

Madison Square Garden Reports Q4 EPS of $0.42