TechnipFMC (FTI) Reports Q3 Loss of $0.06/sh

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TechnipFMC (FTI) PT Raised to $12 at Cowen

October 22, 2021 6:40 AM EDT

Cowen analyst Marc Bianchi raised the price target on TechnipFMC (NYSE: FTI) to $12.00 (from $11.00) while maintaining an Outperform rating.

The analyst commented, "3Q revenues and EBITDA were disappointing, but full year guidance is unchanged and Subsea orders continue to outperform. ~$7B of Subsea... More