Skip to main content

Market Overview

Jefferies & Company Inc. Raises Price Target For FMC Technologies, Inc. (FTI)


Analyst Stephen Gengaro at Jefferies & Company Inc. has released an update on FMC Technologies (NYSE: FTI). The company has reported its first-quarter results.

FMC Technologies reported first-quarter EPS of $0.80, which was ahead of Jefferies’ estimate of $0.67 and consensus estimate of $0.64. As deepwater rig activity rises worldwide over the next several years, Jefferies expects the company to build backlog and post strong growth in earnings.

Jefferies & Company has raised the price target for FMC Technologies, Inc. from $66 to $80. The brokerage firm has maintained its Buy rating for the company.


Related Articles (FTI)

View Comments and Join the Discussion!

Posted-In: Jefferies & Company Inc. Stephen GengaroAnalyst Color Earnings News Price Target Markets Analyst Ratings

Latest Ratings

FSRMorgan StanleyMaintains40.0
MEDDA DavidsonMaintains302.0
VICRBWS FinancialMaintains120.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at