FBR Capital Upgrades FMC Technologies (FTI) to Market Perform

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Go back to FBR Capital Upgrades FMC Technologies (FTI) to Market Perform

Jefferies Upgrades FMC Technologies (FTI) to Hold

July 23, 2015 7:49 AM EDT

Jefferies upgraded FMC Technologies (NYSE: FTI) from Underperform to Hold with a price target of $32.00 (from $33.00).

Analyst Brad Handler commented, "We have grown more comfortable with Subsea revenue resilience for FTIwe acknowledge FTI's track record in its order forecasting and we... More

FMC Technologies (FTI) Misses Q2 EPS by 9c

July 21, 2015 4:10 PM EDT

FMC Technologies (NYSE: FTI) reported Q2 EPS of $0.52, ex-items, $0.09 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.

"Subsea orders were stronger in the second quarter, as we received just over $1.0... More