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JPMorgan upgrades Weatherford (WFT +2.8%) to "overweight" from "neutral," citing the oilfield...
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Wednesday, May 16, 2012, 9:05 AM ETJPMorgan upgrades Weatherford (WFT +2.8%) to "overweight" from "neutral," citing the oilfield services company strong presence in artificial lift services, for which there is high demand. However, JPM cuts Baker Hughes (BHI -0.7%) to "neutral" from "overweight" and its price target to $50 from $53 on execution fears about the firm's revamp.
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