Canaccord Genuity Reiterates a 'Buy' on Weatherford (WFT); Q3 Update

September 19, 2011 9:01 AM EDT
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Price: $0.37 --0%

Rating Summary:
    17 Buy, 19 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiterates a 'Buy' on Weatherford International (NYSE: WFT) price target of $29.00.

Canaccord analyst, Scott Burk, says, "WFT is on track to meet its guidance range of 24-26c/sh for 3Q. We maintain our 2011/12E EPS and introduce 2013E EPS of $1.95."

For more ratings news on Weatherford International click here and for the rating history of Weatherford International click here.

Shares of Weatherford International closed at $16.35 yesterday.


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