Barclays Maintains Overweight on TechnipFMC, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson has maintained an Overweight rating on TechnipFMC (NYSE:FTI) and increased the price target from $34 to $37.
October 28, 2024 | 2:19 pm
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Barclays has maintained an Overweight rating on TechnipFMC and increased the price target from $34 to $37, indicating a positive outlook.
The increase in price target from $34 to $37 by Barclays suggests a positive outlook for TechnipFMC, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100