Weatherford Reports First Quarter 2018 Results

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Weatherford International (WFT) PT Lowered to $4 at Evercore ISI; 'Time To Deliver On Asset Sales'

April 24, 2018 1:40 PM EDT

Evercore ISI lowered its price target on Weatherford International (NYSE: WFT) to $4.00 (from $4.50) while maintaining an Outperform rating.

Analyst James West commented, "The situation at Weatherford is improving and we believe the combination of new management led by CEO Mark McCollum and an... More