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Stock Market & Financial Investment News

News Breaks
February 14, 2013
09:19 EDTFTIFMC Technologies price target raised to $53 from $50 at Susquehanna
Susquehanna raised its price target on FMC Technologies following Q4 results. The firm maintains its Neutral rating but acknowledges the strong quarter of subsea orders and bullish outlook. Susquehanna believes the broader capital equipment landscape is well positioned for strong orders and earnings growth.
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07:50 EDTFTIFMC Technologies positioning for next up cycle, says Susquehanna
Susquehanna met with FMC Technologies management and believes 2016 offers much more promise as large subsea project awards return and the company will benefit from a likely rebound in U.S. E&P spending. Susquehanna reiterated its Positive rating and $48 price target on FMC Technologies shares.

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