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Fly News Breaks for December 3, 2015
WFT
Dec 3, 2015 | 07:09 EDT
Stephens analyst Matthew Marietta downgraded Weatherford to Equal Weight from Overweight, noting that its shares have risen by about 15% since August while oil has declined about 5% over the same period. Marietta also cites a belief that the market is moving into a period in which international markets may begin to feel more margin pressure. The analyst keeps an $11 price target on Weatherford shares.
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