Positive Report for Cactus (WHD) from Barclays
Barclays analyst David Anderson upgraded Cactus (WHD – Research Report) to a Buy today and set a price target of $54.00. The company’s shares closed yesterday at $44.10.
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According to TipRanks, Anderson is an analyst with an average return of -1.5% and a 44.31% success rate. Anderson covers the Energy sector, focusing on stocks such as Baker Hughes Company, Cactus, and TechnipFMC.
In addition to Barclays, Cactus also received a Buy from Stifel Nicolaus’s Stephen Gengaro in a report issued yesterday. However, on May 28, J.P. Morgan maintained a Hold rating on Cactus (NYSE: WHD).
The company has a one-year high of $70.01 and a one-year low of $33.80. Currently, Cactus has an average volume of 900.3K.
Read More on WHD:
Disclaimer & DisclosureReport an Issue
- Cactus enters agreement to acquire 65% controlling interest in Baker Hughes SPC
- Cactus Acquires Stake in Baker Hughes Business
- Baker Hughes, Cactus create joint venture for surface pressure control services
- Cactus price target lowered to $50 from $52 at JPMorgan
- Cactus Inc. Holds Annual Stockholders Meeting
