TechnipFMC price target raised to $45 from $43 at Barclays

Barclays raised the firm’s price target on TechnipFMC (FTI) to $45 from $43 and keeps an Overweight rating on the shares. The company “is the stand out this quarter” with the least amount of downside earnings risk, limited tariff exposure, a sizable backlog and margins continuing to improve, the analyst tells investors in a research note.