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Fly News Breaks for December 2, 2019
WFT
Dec 2, 2019 | 08:00 EDT
Cowen analyst Marc Bianchi reinstated covered on Weatherford without a rating or price target as the company has yet to set a share count. He said his estimates are about 16-22% below the company's projection with the difference likely being more conservative Transformation assumptions. He said even with his lower assumptions, its valuation looks attractive beyond 2020.
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