HSBC Upgrades FMC Tech (FTI), Starts National Oilwell Varco (NOV) at Overweight, Core Labs (CLB) at Neutral

June 20, 2012 3:00 PM EDT
Get Alerts FTI Hot Sheet
Price: $36.09 -0.61%

Rating Summary:
    19 Buy, 21 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 26 | New: 28
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Two analysts at HSBC made changes to the firm's coverage universe Wednesday:
  • upgraded FMC Technologies (NYSE: FTI) from Underweight to Neutral, $46 price target maintained
  • initiated coverage on National Oilwell Varco (NYSE: NOV) with an Overweight rating and a $97 price target
  • initiated coverage on Core Labs (NYSE: CLB) with a Neutral rating and a $140 price target
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