UPDATE: Seaport Global Securities Upgrades Weatherford International (WFT) to Buy
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Price: $0.37 --0%
Rating Summary:
17 Buy, 19 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
Rating Summary:
17 Buy, 19 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
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(Updated - November 1, 2017 9:27 AM EDT)
(updated to add analyst comment)
Seaport Global Securities upgraded Weatherford International (NYSE: WFT) from Neutral to Buy with a price target of $5.00 (from $4.00).
Analyst Mike Urban expects the new CEO to unveil significant parts of his plan to return the company to LT viability. The analyst is more positive on the increased clarity regarding the required steps forward.
For an analyst ratings summary and ratings history on Weatherford International click here. For more ratings news on Weatherford International click here.
Shares of Weatherford International closed at $3.47 yesterday.
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