Tuesday, September 14, 2010

Flour (NYSE:FLR) Downgraded by Standpoint Research

Standpoint Research Downgraded Flour (NYSE:FLR) to from "Buy" to "Hold," saying the valuation of the company is on the upper end.

Since June 1, 2010, Flour has risen 20 percent, standing at $49.00 today at 12:55 PM EDT.

Standpoint made a similar downgrade on Archer Daniels Midland (NYSE:ADM), citing similar growth which leaves little on the upside.

Flour lost $0.73, or 1.47 percent for the trading session.

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