| 2019-12-02 08:00:02|
WFT 08:00 12/02 12/02/19
Weatherford coverage reinstated without rating or price target at Cowen
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.