Global Hunter Securities Starts Flotek Industries (FTK) at Buy; A Free Cash Flow Generating Machine
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Price: $35.83 +4.13%
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Global Hunter Securities initiates coverage on Flotek Industries (NYSE: FTK) with a Buy. PT $15.00.
Global analyst says, "Overlooked, undervalued, and under-appreciated is how we would describe FTK. Once an oilfield services darling that was tarnished during the downturn, losing most of its investor following, current management has reformed it into a profitable, free cash flow generator with substantial growth opportunities both domestically and in select international markets."
For an analyst ratings summary and ratings history on Flotek Industries click here. For more ratings news on Flotek Industries click here.
Shares of Flotek Industries closed at $8.99 yesterday.
Global analyst says, "Overlooked, undervalued, and under-appreciated is how we would describe FTK. Once an oilfield services darling that was tarnished during the downturn, losing most of its investor following, current management has reformed it into a profitable, free cash flow generator with substantial growth opportunities both domestically and in select international markets."
For an analyst ratings summary and ratings history on Flotek Industries click here. For more ratings news on Flotek Industries click here.
Shares of Flotek Industries closed at $8.99 yesterday.
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