Barclays Maintains Overweight on Weatherford International, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson maintains an Overweight rating on Weatherford International (NASDAQ:WFRD) and raises the price target from $135 to $160.
April 26, 2024 | 2:36 pm
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Barclays analyst David Anderson has maintained an Overweight rating on Weatherford International and increased the price target from $135 to $160.
The increase in price target by a reputable analyst like David Anderson from Barclays signals a strong confidence in Weatherford International's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in WFRD's stock price.
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IMPORTANCE 90
RELEVANCE 100