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Enter Symbol:
 
Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Outperform
WFT
down 39.12 %

Weatherford International, Inc. (WFT) upgraded to Outperform by Wells Fargo

Posted on: Wednesday,  Sep 18, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Weatherford International, Inc. (NYSE: WFT) on 09/18/2013, when the stock price was $15.26. Since
then, Weatherford International, Inc. has lost 39.12% as of 10/27/2015's recent price of $9.29.
If you would have followed this Wells Fargo's recommendation on WFT, you would have lost 39.12% of your investment in 769 days.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company?s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2013 8:25 AM Buy
None
15.26
as of 12/13/2013
1 Week down  -3.15 %
1 Month down  -12.90 %
3 Months down  -3.60 %
1 YTD down  -3.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2013 8:25 AM Hold
None
14.87

(*) Stock Price at the time of the recommendation.
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