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Stock impact report

Analyst Increases Price Target on Weatherford International (WFRD) [Yahoo! Finance]

Weatherford International plc - Ordinary shares (WFRD) 
Company Research Source: Yahoo! Finance
Weatherford International plc (NASDAQ:WFRD) provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. Weatherford International plc (NASDAQ:WFRD) received a lift on December 11 when Citi raised its price target on the stock from $77 to $93, while keeping a ‘Buy' rating on its shares. The updated price target represents an upside potential of over 15% as of the writing of this piece, and comes as part of the analyst firm's outlook for the oil and gas equipment and services group for 2026. According to Citi, the industry has hit the bottom of a two-year downcycle and could exhibit better share performances next year, provided there are no negative estimate revisions. Earlier, on December 2, UBS analyst Josh Silverstein initiated coverage of Weatherford International plc (NASDAQ:WFRD) with a Neutral rating and a price target of $82. The analyst believes that the company's exposure to Me Show less Read more
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