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Fly News Breaks for September 23, 2016
FET
Sep 23, 2016 | 05:43 EDT
Barclays analyst J. David Anderson upgraded Forum Energy Technologies to Overweight after spending time with the company's CEO Cris Gaut. The company is positioned to benefit from increasing service intensity given its diverse portfolio of activity-based products across drilling, completion, and production, Anderson tells investors in a research note. He raised his price target for the shares to $23 from $19.