UBS analyst Josh Silverstein initiated coverage of Weatherford (WFRD) with a Neutral rating and $82 price target The firm sees the company’s exposure to Mexico turning from a headwind to tailwind. However, Weatherford’s positives are reflected in the stock following the 91% rally off the 2025 lows, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WFRD:
- Balanced Outlook on Weatherford International: Strong Prospects with Limited Upside Potential
- Trump Weekly: President set to cut tariffs on beef, coffee
- Trump Trade: President considers opening California to offshore drilling
- Trump considering opening California to offshore drilling, Washington Post says
- Weatherford price target raised to $73 from $66 at Goldman Sachs
