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analysts raise ratings and price targets for technipfmc shares
Evercore ISI raised its price target for TechnipFMC from $37 to $39, maintaining an "outperform" rating, while Goldman Sachs initiated coverage with a "buy" rating at $38. Despite two analysts rating the stock as a hold, the consensus remains a "Moderate Buy" with an average target of $36.31. Recent insider transactions saw significant share sales, with JPMorgan reducing its stake by 22.9%, while Vanguard increased its holdings by 4.1%. TechnipFMC declared a quarterly dividend of $0.05, reflecting a yield of 0.64%.
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