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TechnipFMC price target raised to $40 from $39 at Piper Sandler

TechnipFMC price target raised to $40 from $39 at Piper Sandler

Piper Sandler analyst Derek Podhaizer raised the firm’s price target on TechnipFMC (FTI) to $40 from $39 and keeps an Overweight rating on the shares following quarterly results. The firm attributes the outperformance to a combination of weakness into the print and 2025 guidance landing above consensus across the board.

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