FLIR Systems stock gets downgraded by Raymond James

Author:
Publish date:

Raymond James downgraded FLIR Systems stock from outperform to “strong buy.”

FLIR opened at $31.94 on Wednesday, and it had a 52-week low of $28.32 and a 52-week high of $37.42, according to Seeking Alpha.

The company last posted results on Feb. 6, reporting earnings of 52 cents a share for its fourth quarter and beating the Thomson Reuters consensus estimate of 47 cents, according to WKRB 13.

On March 3 the company said chief financial officer Tony Trunzo will resign, effective March 27. Company corporate controller Dave Muessle will be the interim CFO after Trunzo leaves.

Related

The last straws

The Cleveland Boat Show does away with plastic straws, and the Modern Fish Act — unanimously passed by the U.S. Senate yesterday — needs our support for a push through the House of Representatives.