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Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Buy WFT
up 1.41 %

Weatherford International, Inc. (WFT) rated Buy with price target $28 by Deutsche Bank

Posted on: Monday,  Nov 11, 2013  12:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Weatherford International, Inc. (NYSE: WFT) on 11/11/2013. Previously Deutsche Bank rated Buy Weatherford International, Inc. (NYSE: WFT) on
11/14/2012., when the stock price was $9.16. Since then, Weatherford International, Inc. has gained 1.42% as of 10/27/2015's recent price of $9.29.
If you would have followed the previous Deutsche Bank's recommendation on WFT, you would have gained 1.41% of your investment in 1077 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).

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2013 12:25 PM Buy
None
17.24 28.00
as of 12/13/2013
1 Week down  -3.15 %
1 Month down  -12.90 %
3 Months down  -1.40 %
1 YTD up  31.45 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2013 1:25 PM Buy
None
11.84 20.00
12/20/2012 2:25 PM Buy
None
11.02 21.00
11/14/2012 1:25 PM Buy
None
9.16 24.00

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