Information Provided By:
Fly News Breaks for October 15, 2018
WTI
Oct 15, 2018 | 08:27 EDT
Roth Capital analyst John White upgraded W&T Offshore to Buy from Neutral and raised his price target on the shares to $10.75 from $8.50. The analyst believes total debt should decrease from $761M to $625M plus an undisclosed amount drawn on a new bank revolver. White expects the revolver to be repaid by year end with previously announced income tax refunds. He also noted the shares were markedly lower last week, which he felt was totally unwarranted in light of the debt reduction and provides a good entry point.
News For WTI From the Last 2 Days
There are no results for your query WTI