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

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.
Comments (1)
  • Clayton Rulli
    , contributor
    Comments (2954) | Send Message
     
    "one off" ? accounting irregularities have been plauging this company for over a year now... when will it end? Still not safe to buy
    14 Nov 2012, 03:18 PM Reply Like
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