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 for the stock is $23.81, which is higher than its current price of $20.075. This average has increased by 20.92% from the previous average price target of $19.69.
October 13, 2023 | 3:00 pm
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POSITIVE IMPACT
Bullish ratings and a higher price target for TechnipFMC suggest potential upside for the stock.
Analysts' ratings are generally a good indicator of a stock's future performance. In this case, the bullish ratings and higher price target for TechnipFMC suggest that analysts expect the stock to perform well in the future, which could lead to an increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100