Citi Downgrades Weatherford International (WFT) to Neutral
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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: 12 | New: 5
Rating Summary:
17 Buy, 19 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 5
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Citi downgraded Weatherford International (NYSE: WFT) from Buy to Neutral with a price target of $4.20 (from $5.60).
Analyst Scott Gruber steps aside and decides to wait until FCF is back in-sight and believes the new CEO "doesn't bring a magic wand."
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 $3.99 Friday.
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