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A statement released earlier today by Needham about FLIR Systems (NASDAQ:FLIR) bumps the target price to $40.00

Boasting a price of $35.91, FLIR Systems (NASDAQ:FLIR) traded -0.10% lower on the day. With the last stock price close up 13.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. FLIR Systems has recorded a 50-day average of $32.38 and a two hundred day average of $31.50. Volume of trade was down over the average, with 16,083 shares of FLIR changing hands under the typical 718,750

Needham upped the target price of FLIR Systems (NASDAQ:FLIR) to $40.00 stating a potential upside of 0.11%.

See Chart Below

FLIR Systems (NASDAQ:FLIR)

FLIR Systems has a 52 week low of $26.48 and a 52 week high of $35.97 with a P/E ratio of 28.20 The company’s market cap is currently $0.

In addition to Needham reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $35.71 with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For FLIR Systems (NASDAQ:FLIR)

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Company's segments include Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime and Detection. Its Surveillance segment provides enhanced imaging and recognition solutions. Its Instruments segment provides devices that image, measure and assess thermal energy, gases and other environmental elements for industrial, commercial, and scientific applications under the FLIR and Extech brands. Its OEM & Emerging Markets segment provides thermal imaging camera cores and components. Its Maritime segment develops and manufactures electronics and imaging instruments. Its Security segment develops and manufactures a range of cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions.

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