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Forum Energy Tech. (NYSE:FET) has been upgraded from Underweight to Neutral in a statement by JPMorgan earlier today.

Boasting a price of $16.40, Forum Energy Tech. (NYSE:FET) traded 1.68% higher on the day. With the last stock price close down -18.93% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Forum Energy Tech. has recorded a 50-day average of $18.46 and a two hundred day average of $20.57. Volume of trade was down over the average, with 25,391 shares of FET changing hands under the typical 1,135,550

JPMorgan has upgraded Forum Energy Tech. (NYSE:FET) from Underweight to Neutral in a statement released on 5/16/2017.

On 05/02/2017, Scotia Capital released a statement for Forum Energy Tech. (NYSE:FET) bumped up the target price from $0.00 to $24.00 that suggested an upside of 0.62%.

Performance Chart

Forum Energy Tech. (NYSE:FET)

With a total market value of $0, Forum Energy Tech. has with a one year low of $14.60 and a one year high of $26.25 .

A total of 20 equity analysts have released a research note on FET. Three equity analysts rating the company a strong buy, six equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $16.81.

More About Forum Energy Tech. (NYSE:FET)

Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products, and engages in aftermarket services, parts supply and related services. The Company operates through three segments: Drilling & Subsea, Completions, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the drilling and subsea construction markets. The Completions segment designs, manufactures and supplies products, and provide related services to the well construction, completion, stimulation and intervention markets. The Production & Infrastructure segment designs, manufactures and supplies products, and provides related equipment and services to production and infrastructure markets. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas.

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