B of A Securities Maintains Buy on Weatherford International, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Weatherford International but lowered the price target from $145 to $130.
October 14, 2024 | 5:41 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Weatherford International but lowered the price target from $145 to $130, indicating a positive outlook with some caution.
The maintenance of a Buy rating suggests continued confidence in Weatherford's performance, but the lowered price target indicates some caution regarding future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100