TechnipFMC (FTI) news

Franklin Templeton, Inc.: TD Cowen cuts target price to $38 from $40

TD Cowen has revised its target price for Franklin Templeton, Inc. (FTI) to $38 from $40, reflecting a reassessment of the firm’s near-term outlook amid evolving market conditions. The adjustment comes as analysts continue to evaluate the asset management industry’s response to shifting investor…

Franklin Templeton, Inc.: KBW cuts target price to $37.00 from $38.00

KBW, a leading financial services research firm, has recently adjusted its price target for Franklin Templeton, Inc. (FTI), reducing it to $37.00 from the previous $38.00, while maintaining an “Outperform” rating for the asset management giant. The move reflects ongoing market dynamics and…

TechnipFMC: Design, engineer, & manufacture flexible flowlines

TechnipFMC has secured a contract to design, engineer, and manufacture flexible flowlines for Azule Energy’s West Hub Tails project in Angola. The project is an extension of the Block 15/06 Agogo Integrated Development and involves the production of flexible flowlines, risers, and associated…

TechnipFMC gets flexible subsea contract by Petrobras

Italy's Saipem CEO says confident to get greenlight for merger with Subsea7 from all regulators

Italy’s Saipem CEO has expressed confidence that the proposed merger with Subsea7 will receive regulatory approval from all relevant authorities, despite ongoing scrutiny. The companies have already secured clearance from U.S. antitrust regulators to proceed with the transaction. However,…