TechnipFMC plc (NYSE:FTI – Get Rating) gapped up prior to trading on Tuesday . The stock had previously closed at $7.73, but opened at $7.93. TechnipFMC shares last traded at $7.67, with a volume of 19,905 shares.
Several brokerages recently commented on FTI. Societe Generale raised shares of TechnipFMC from a ‘hold’ rating to a ‘buy’ rating and lifted their target price for the stock from $7.57 to $10.00 in a research note on Tuesday, April 19th. Kepler Capital Markets raised shares of TechnipFMC from a ‘hold’ rating to a ‘buy’ rating and set a $10.
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