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Fly News Breaks for August 16, 2018
FTI
Aug 16, 2018 | 08:29 EDT
As previously reported, Jefferies analyst Mark Wilson upgraded TechnipFMC to Buy from Hold as same-year "book & turn" work and recent awards have lead him to raise his revenue forecasts through 2020. He believes that the company is winning a greater proportion of available business and also that the overall industry pipeline remains robust, Wilson tells investors. He raised his price target on TechnipFMC shares to $37 from $30.
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