Barclays Maintains Overweight on TechnipFMC, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on TechnipFMC (NYSE:FTI) and raises the price target from $24 to $32.
October 18, 2023 | 1:19 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on TechnipFMC and raises the price target from $24 to $32, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for TechnipFMC. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100