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Fly News Breaks for November 10, 2016
WFT
Nov 10, 2016 | 06:09 EDT
CLSA analyst David Havens upgraded Weatherford to Buy from Underperform and raised its price target to $8 from $5 following news that Bernard Duroc-Danner is no longer CEO. The analyst believes this is a step towards restoring investor confidence and that Weatherford could be a turnaround stock.
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