Benchmark raised the firm’s price target on Weatherford to $155 from $115 and keeps a Buy rating on the shares. Valuation does not reflect Weatherford’s business reality or financial performance, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WFRD:
- Weatherford Announces First-Quarter 2024 Conference Call
- Weatherford International Engages in Raymond James Conference Fireside Chat
- Apollo Global upgraded, Dell initiated: Wall Street’s top analyst calls
- Weatherford initiated with an Overweight at Barclays
- Weatherford price target raised to $123 from $120 at BofA
