UPDATE: D.A. Davidson Initiates Furmanite at Neutral on Valuation
May 30, 2013 at 09:23 AM EDT
In a report published Thursday, D.A. Davidson analyst Tristan Richardson initiated coverage on Furmanite (NYSE: FRM ) with a Neutral rating and $8.00 price target. In the report, D.A. Davidson noted, “Financial results in recent years have been impacted by significant restructuring charges, primarily as a result of a reorganization
