TechnipFMC price target raised to $20 from $18 at Citi

Citi raised the firm’s price target on TechnipFMC to $20 from $18 and keeps a Buy rating on the shares. The analyst says the stock looks cheap based on the company’s new 2025 targets. TechnipFMC’s valuation is too low for an industry leader even at a more mature point in the cycle, the analyst tells investors in a research note.