JP Morgan Initiates FMC Technologies At Neutral

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JP Morgan initiated coverage on
FMC Technologies, Inc.FTI
with a Neutral rating. The target price for FMC Technologies is set to $41. FMC Technologies shares have dropped 27.60 percent over the past 52 weeks, while the S&P 500 index has surged 10.46 percent in the same period. FMC Technologies' shares fell 0.24 percent to close at $41.92 yesterday.
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Posted In: InitiationAnalyst RatingsJP Morgan
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