Information Provided By: 
Fly News Breaks for December 2, 2016
WFT
Dec 2, 2016 | 07:42 EDT
As noted earlier, Bernstein analyst Colin Davies initiated Weatherford with an Outperform rating and a $7 price target. The analyst thinks that the company is poised to benefit from the revival of the North America oil market, and he expects its revenue growth to beat expectations. He is less upbeat about the outlook for the company's margins, and his EBITDA outlook for the company is in-line with the consensus estimate. However, Davies believes that free cash flow increases and liquidity improvements can drive the stock higher in the near-term.
News For WFT From the Last 2 Days
There are no results for your query WFT
