FBR Capital Upgrades FMC Technologies (FTI) to Market Perform
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Jefferies Upgrades FMC Technologies (FTI) to Hold
July 23, 2015 7:49 AM EDTJefferies upgraded FMC Technologies (NYSE: FTI) from Underperform to Hold with a price target of $32.00 (from $33.00).
Analyst Brad Handler commented, "We have grown more comfortable with Subsea revenue resilience for FTIwe acknowledge FTI's track record in its order forecasting and we... More
FMC Technologies (FTI) Misses Q2 EPS by 9c
July 21, 2015 4:10 PM EDTFMC Technologies (NYSE: FTI) reported Q2 EPS of $0.52, ex-items, $0.09 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.
"Subsea orders were stronger in the second quarter, as we received just over $1.0... More
