BMO Capital Maintains Market Perform on TechnipFMC, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Phillip Jungwirth maintains a Market Perform rating on TechnipFMC (NYSE:FTI) and raises the price target from $32 to $33.
October 10, 2024 | 3:56 pm
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BMO Capital has maintained its Market Perform rating on TechnipFMC and slightly increased the price target from $32 to $33, indicating a modestly positive outlook.
The increase in price target from $32 to $33 suggests a slightly more positive outlook on TechnipFMC's stock performance. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, suggesting limited upside potential. The modest increase in price target may lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100