Barclays Maintains Overweight on TechnipFMC, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson has maintained an Overweight rating on TechnipFMC (NYSE:FTI) and increased the price target from $32 to $33.
February 27, 2024 | 2:41 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on TechnipFMC and raised the price target from $32 to $33.
The upgrade in price target by a reputable analyst like David Anderson from Barclays indicates a positive outlook on TechnipFMC's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100