Barclays Maintains Overweight on TechnipFMC, Lowers Price Target to $86
Barclays analyst David Anderson maintains TechnipFMC (NYSE:FTI) with a Overweight and lowers the price target from $87 to $86.
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Citigroup Maintains Buy on TechnipFMC, Raises Price Target to $85
Citigroup analyst Scott Gruber maintains TechnipFMC (NYSE:FTI) with a Buy and raises the price target from $80 to $85.
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UBS Initiates Coverage On TechnipFMC with Buy Rating, Announces Price Target of $89
UBS analyst Josh Silverstein initiates coverage on TechnipFMC (NYSE:FTI) with a Buy rating and announces Price Target of $89.
TechnipFMC Awarded Subsea Contract By Petrobras To Supply Flexible Pipe Systems Supporting Developments Offshore Brazil
TechnipFMC (NYSE:FTI) has been awarded a significant(1) subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil.TechnipFMC will
Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.