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“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.
Comments (2)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Now all we need are actual buyers of the stock.
    28 Jun 2012, 12:28 PM Reply Like
  • The Advisor
    , contributor
    Comment (1) | Send Message
     
    Are there any more details on the FCPA investigation?
    28 Jun 2012, 03:13 PM Reply Like
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