Citi Downgrades FMC Technologies (FTI) to Neutral

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Credit Suisse Downgrades FMC Technologies (FTI) to Underperform, PT Slashed 47%

February 12, 2015 6:47 AM UTC

Credit Suisse downgraded FMC Technologies (NYSE: FTI) from Neutral to Underperform with a price target of $28.00 (from $53.00) following Q4 results.

Analyst J. Wicklund said, "We believe the down-cycle for FTI could be worse and more protracted than investors believe currently."

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FMC Technologies (FTI) Reports Q4 EPS of 72c

February 10, 2015 4:02 PM UTC

FMC Technologies (NYSE: FTI) reported Q4 EPS of $0.72, may not compare to the analyst estimate of $0.78. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.09 billion.

For earnings history and earnings-related data on FMC Technologies (FTI) click here.

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