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W&t Offshore, Inc. (WTI) [hlAlert]

Rating:
Hold WTI
down 14.09 %

W&t Offshore, Inc. (WTI) downgraded to Hold with price target $10 by Wunderlich

Posted on: Friday,  Apr 30, 2010  8:25 AM ET by Wunderlich

Wunderlich rated Hold W&t Offshore, Inc. (NYSE: WTI) on 04/30/2010. Previously Wunderlich rated Buy W&t Offshore, Inc. (NYSE: WTI) on 09/15/2009.,
when the stock price was $11.00. Since then, W&t Offshore, Inc. has lost 14.09% as of 04/30/2010's recent price of $9.45.
If you would have followed the previous Wunderlich's recommendation on WTI, you would have lost 14.09% of your investment in 227 days.

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2010 8:25 AM Hold
None
9.45 10.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -19.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/15/2009 11:25 AM Buy
None
11.00 15.00
2/27/2009 8:25 AM Hold
None
8.36 10.50
2/4/2009 8:25 AM Buy
None
12.16 17.50

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