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Citi lifts Weatherford price target to $93 as UBS starts coverage at $82

Citi raised its price target on Weatherford from $77 to $93 while maintaining a Buy rating, implying over 15% upside and citing an industry trough that could lift 2026 performance. UBS initiated coverage with a Neutral rating and an $82 target, noting Mexico exposure has shifted to a tailwind with sequential revenue improvements. Weatherford shares have risen sharply this year, gaining more than 105% since an April multi-year low. » More on finance.yahoo.com