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Stock impact report

Goldman Sachs Lifts PT on Weatherford International plc (WFRD) to $107 From $83 – Here's Why [Yahoo! Finance]

Weatherford International plc - Ordinary shares (WFRD) 
Company Research Source: Yahoo! Finance
Weatherford International plc (NASDAQ: WFRD ) is one of the best oil stocks with highest upside potential Goldman Sachs Lifts PT on Weatherford International plc (WFRD) to $107 From $83 - Here's Why Goldman Sachs lifted the price target on Weatherford International plc (NASDAQ:WFRD) to $107 from $83 on March 4, reiterating a Neutral rating on the shares and telling investors that while geopolitical risks may create near-term challenges, early signs of dislocations exist, which could present opportunities when compared to fundamentals. Goldman Sachs does not anticipate the current geopolitical concerns to meaningfully impact long-term customer plans, as significant portions of the activity increases are structural in offsetting decline rates and increasing production capacity. In a separate development, Weatherford International plc (NASDAQ:WFRD) announced on February 12 that it has been awarded a multi-year Integrated Completions contract by TotalEnergies in Denmark. Management Show less Read more
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