“Buy quality when there’s blood in the streets,” Bernstein says in upgrading...
“Buy quality when there’s blood in the streets,” Bernstein says in upgrading Halliburton (HAL +0.7%) to Outperform, adding the deepwater service market should "double from 2011-14 while gas drilling is surging in the Middle East and Asia." The firm also cuts Weatherford (WFT -1.2%) to Market Perform, citing high debt and a federal investigation under the Foreign Corrupt Practices Act.
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