JPMorgan upgrades Weatherford (WFT +2.8%) to "overweight" from "neutral," citing the oilfield...

|About: Weatherford International... (WFT)|By:, SA News Editor

JPMorgan 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.