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Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Outperform
WFT
down 34.39 %

Weatherford International, Inc. (WFT) rated Outperform with price target $14 by Cowen

Posted on: Thursday,  Jul 23, 2015  4:25 PM ET by Cowen

Cowen rated Outperform Weatherford International, Inc. (NYSE: WFT) on 07/23/2015. Previously Cowen rated Outperform Weatherford International, Inc. (NYSE: WFT) on 07/31/2013.,
when the stock price was $14.16. Since then, Weatherford International, Inc. has lost 34.39% as of 10/27/2015's recent price of $9.29.
If you would have followed the previous Cowen's recommendation on WFT, you would have lost 34.39% of your investment in 818 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).

Cowen
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 4:25 PM Buy
None
11.32 14.00
as of 8/27/2015
1 Week up  8.52 %
1 Month down  -30.41 %
3 Months down  -35.35 %
1 YTD down  -40.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2014 2:25 PM Buy
None
12.60 21.00
11/6/2013 10:25 AM Buy
None
17.06 23.00
7/31/2013 4:25 PM Buy
None
14.16 20.00

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