Today's Two Stealth Growth Ideas 06/02
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- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
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- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
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Jefferies Cuts Price Target on Weatherford (WFT) to $8; Reiterates Buy
June 6, 2016 6:55 AM EDTJefferies maintained a Buy rating on Weatherford International (NYSE: WFT), and cut the price target to $8.00 (from $9.00) on exchangeable note dilution. Jefferies assumed the exchangeable notes go towards repaying the company's existing debt, and assume the exchange for shares occurs a year from now.... More
Simmons Upgrades Weatherford International (WFT) to Overweight
June 3, 2016 6:31 AM EDTSimmons, a unit of Piper Jaffray, upgraded Weatherford International (NYSE: WFT) from Neutral to Overweight with a price target of $8.00 (from $7.20).
Analyst Bill Herbert commented, "We are upgrading WFT to Overweight from Neutral as the recent $1B convert offering, in our view, redefines the... More
