FMC Technologies should be bought on weakness, says RBC Capital After FMC Technologies tumbled after providing guidance that the market viewed as disappointing, RBC Capital thinks the sell-off was an overreaction. The firm reports that excluding one-time items, the company's 2014 EPS guidance would be $2.64-$2.84, versus the consensus estimate of $2.77. RBC keeps a $62 price target and Outperform rating on the shares.
FMC 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.