TechnipFMC price target raised to $82 from $71 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on TechnipFMC (FTI) to $82 from $71 and keeps a Positive rating on the shares. The firm updated its model after meeting with management and given the outlook for significant offshore project activity through the end of the decade, they continue to believe the company has one of the most compelling growth opportunities in the oilfield services industry.