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Fly News Breaks for February 3, 2017
WFT
Feb 3, 2017 | 07:47 EDT
UBS analyst Angie Sedita said the game plan to strengthen both the company finances and operations at Weatherford are being viewed positively. She did say the free cash flow will be critical to the plans and the company remains a classic risk/return story. The increased visibility gives her a higher degree of confidence than the prior vague commentary. Sedita reiterated her Buy rating and $9 price target on Weatherford shares.
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