Weatherford (WFT -0.3%) has its defenders after shares sank 16% yesterday, Sterne Agee among...

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

Weatherford (WFT -0.3%) has its defenders after shares sank 16% yesterday, Sterne Agee among them in expecting a rebound as SEC filings are completed by the end of this month and progress shows up in subsequent quarters; the firm cuts estimates but maintains a Buy rating. Tudor Pickering upgrades WFT to Buy on cheap valuation and its belief many of its current problems are one-off issues.