“Buy quality when there’s blood in the streets,” Bernstein says in upgrading Halliburton (HAL...

|About: Halliburton Company (HAL)|By:, SA News Editor

“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.