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Fly News Breaks for December 13, 2018
FTI
Dec 13, 2018 | 10:01 EDT
As previously reported, BMO Capital analyst Daniel Boyd upgraded TechnipFMC to Outperform from Market Perform, stating that while the guidance mix was disappointing, the "highly anticipated risk" from guidance has now passed. He expects investor focus to shift to an improving order outlook, calling TechnipFMC "one of the few investable OFS stocks." He lowered his price target on the stock to $28 from $29, citing mix.
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