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Fly News Breaks for July 6, 2017
WFT
Jul 6, 2017 | 07:21 EDT
Bernstein analyst Colin Davies downgraded Weatherford based on his belief that global investment in energy exploration and production will slow tremendously next year, falling about 2% globally and rising just 2% in the U.S. He says that E&Ps will have to reduce their rig count next year. Target to $5 from $7.
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