Where Weatherford International Stands With Analysts
Portfolio Pulse from Benzinga Insights
Weatherford International (NASDAQ:WFRD) has received 4 analyst ratings in the last quarter, with an average 12-month price target of $127.25, a high of $135.00, and a low of $120.00. The current average price target represents a 14.98% increase from the previous average of $110.67. The ratings consist of 2 bullish and 2 somewhat bullish, with no indifferent, somewhat bearish, or bearish ratings.
November 10, 2023 | 5:00 pm
News sentiment analysis
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POSITIVE IMPACT
Weatherford International has a positive outlook from analysts with an increased average price target of $127.25, suggesting a bullish sentiment in the short term.
The increase in the average price target for WFRD and the presence of bullish and somewhat bullish ratings without any negative ratings indicate a strong positive sentiment among analysts. This could lead to increased investor confidence and a potential rise in WFRD's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100