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Enter Symbol:
 
Flotek Industries, Inc. (FTK) [hlAlert]

Rating:
Perform FTK
down 9.58 %

Flotek Industries, Inc. (FTK) rated Perform with price target $17 by Oppenheimer

Posted on: Monday,  Jul 27, 2015  10:25 AM ET by Oppenheimer

Oppenheimer rated Perform Flotek Industries, Inc. (NYSE: FTK) on 07/27/2015. Previously Oppenheimer rated Underperform Flotek Industries, Inc. (NYSE: FTK) on 03/04/2015.,
when the stock price was $16.41. Since then, Flotek Industries, Inc. has gained 10.60% as of 01/20/2016's recent price of $18.15.
If you would have followed the previous Oppenheimer's recommendation on FTK, you would have lost 9.58% of your investment in 322 days.

Flotek Industries, Inc. is supplying drilling and production related products and services to the energy and mining industries. The Company's core focus is oilfield specialty chemicals and logistics, downhole drilling tools and downhole production tools. Flotek offers its products primarily through its sales organizations, as well as through independent distributors and agents. The Company's reportable segments are Chemical and Logistics, Drilling Products and Artificial Lift. All three segments market products domestically and internationally. The Company acquired the assets of Teledrift Inc., which designs and manufactures wireless survey and measurement while drilling (MWD), tools, on February 14, 2008.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2015 10:25 AM Sell
None
16.67 17.00
as of 8/27/2015
1 Week down  -7.58 %
1 Month down  -61.04 %
3 Months down  -55.26 %
1 YTD down  -8.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2015 8:25 AM Sell
None
16.41 12.00

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