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.
No comments:
Post a Comment