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Fly News Breaks for March 11, 2016
FTI
Mar 11, 2016 | 07:27 EDT
Goldman analyst Waqar Syed upgraded FMC Technologies to Buy and increased his price target to $30.50 from $25 on shares. The analyst expects a pickup in inbound orders for subsea trees in 2017 and for a bottom of subsea orders in 2016 as an increase in drilling and completion activity, together with reactivation of idle pressure pumping fleets should lead to increased demand for the company's products.
News For FTI From the Last 2 Days
