Susquehanna raised the firm’s price target on TechnipFMC (FTI) to $90 from $83 and keeps a Positive rating on the shares. The firm updated its model following Q1 results as they delivered another very solid quarter, highlighted by adjusted EBITDA that was up 27% year-over-year and 2% above forecast.
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Read More on FTI:
- TechnipFMC price target raised to $70 from $69 at Barclays
- TechnipFMC Earnings Call Highlights Subsea‑Led Upswing
- TechnipFMC: Bianchi Reiterates Buy, Lifts DCF-Based Price Target from $69 to $80 on Resilient Subsea Outlook and Margin Expansion
- TechnipFMC reports Q1 adjusted EPS 64c, consensus 56c
- TechnipFMC backs FY26 revenue $9.2B-$9.6B, consensus $10.68B
