Deutsche Bank Starts Forum Energy Technologies (FET) At 'Buy', $30 PT

Deutsche Bank analyst Mike Urban initiated coverage of Forum Energy Technologies Inc. (NYSE:FET), an oilfield products company, with a "Buy" rating and $30 price target.Urban said FET fills a significant void in the oil service space by offering investors a high quality SMID cap name with leverage to some of the strongest secular growth themes in the industry and one of the highest quality