Analyst Expectations for TechnipFMC's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish and somewhat bullish ratings for TechnipFMC (NYSE:FTI) in the last quarter. The average price target is $22.5, implying an upside from the current price of $18.52. This average has increased by 18.42% from the previous average price target of $19.00.
July 31, 2023 | 12:00 pm
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POSITIVE IMPACT
Bullish analyst ratings and an increased price target suggest a positive short-term impact on TechnipFMC's stock.
Analysts' ratings are often a strong indicator of a stock's future performance. In this case, the bullish ratings and increased price target for TechnipFMC suggest that analysts expect the stock to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100