TECHNIP ENERGIES : Berenberg initiates buy coverage
"The share has fallen by around 8% since the start of the year, due to the slight drop in raw material prices and concerns about future activity in the Middle East and the USA", acknowledges the broker.
"However, the strong order momentum and execution track record mean that we believe Technip Energies remains well positioned, with the pullback providing a good entry point", he nevertheless judges.
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