Raymond James Maintains Strong Buy on Weatherford International, Raises Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst James Rollyson maintains a Strong Buy rating on Weatherford International (NASDAQ:WFRD) and raises the price target from $134 to $152.
April 16, 2024 | 4:02 pm
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Raymond James analyst James Rollyson maintains a Strong Buy rating on Weatherford International and raises the price target from $134 to $152.
The upgrade in price target by a reputable analyst like James Rollyson from Raymond James is a strong positive signal for Weatherford International. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term. The significant raise from $134 to $152 indicates a bullish outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100