UBS Upgrades FMC Technologies (FTI) to Buy

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Jefferies Raises Price Target on FMC Technologies (FTI) After Adjusting Estimates

October 24, 2016 8:21 AM EDT

Jefferies reiterated a Hold rating on FMC Technologies (NYSE: FTI), and raised the price target to $33.00 (from $27.00), after adjusting estimates. Jefferies raised 2017 and 2018 estimates to $0.95 and $1.45 from $0.70 and $1.25 primarily on higher Subsea Tech margins and a modest uptick to Surface Tech revenues.

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FMC Technologies (FTI) Tops Q3 EPS by 12c

October 19, 2016 4:20 PM EDT

FMC Technologies (NYSE: FTI) reported Q3 EPS of $0.35, $0.12 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.15 billion.

For earnings history and earnings-related data on FMC Technologies (FTI) click here.

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