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Fly News Breaks for August 25, 2016
FTI
Aug 25, 2016 | 08:51 EDT
Capital ONe downgraded FMC Technologies to Equal Weight and raised its price target to $36 from $30. The analyst expects at least some sentiment shift regarding the TEC combination, and more focus on the scale/balance sheet of the combined entity as we get further into 2H 2016 and closer to the deal closing in early 2017.
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