Zacks Investment Research upgraded shares of FORUM ENRG TECH (FET) from UNDERPERFORM to NEUTRAL on December 11, 2012, with a target price of $25.80.
Forum Energy Technologies, Inc. is engaged in manufacturing of oilfield products for use onshore and offshore. It offers bearings and power transmission products, drilling instruments, manifolds and piping products, tubular handling, well intervention and repair and field services for industrial customers. Forum Energy serves the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company designs and manufactures products and engages in aftermarket services, parts supply and related services. Forum Energy Technologies, Inc. is headquartered in Houston, Texas.
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