Technip Energies: Berenberg raises TP

(CercleFinance.com) - Berenberg confirms its "buy" recommendation on Technip Energies shares with a target price raised to E27.
5, after increasing its EPS estimates of 4% for 2024 and 2% for 2025.

Quarterly results solidly exceeded expectations, with strong sequential growth in sales and margins, driven by the ramp-up of major LNG projects and the completion of certain projects, the broker says.


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