TechnipFMC price target raised to $37 from $35 at TD Cowen

TD Cowen raised the firm’s price target on TechnipFMC (FTI) to $37 from $35 and keeps a Buy rating on the shares. The firm said the company continues to deliver solid results and upside to expectations as the business enjoys a strong competitive positioning and improving margin profile despite what has become a less certain OFS macro.