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TechnipFMC price target raised to $90 from $83 at Susquehanna

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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