Replies to post #56998 on Savvy Trades and Investments

[researcher59]

FTSI +.49 to 8.15, I added a bunch this morning .... looks very oversold, especially with oil finding support in the low $50's.

At this point an OPEC+ cut of 1.2M barrels seems likely .... we'll find out later this morning.

[researcher59]

FTSI +.44 to 7.80 after an upgrade by Wells Fargo -

fly -

Wells Fargo analyst Judson Bailey upgraded FTS International to Outperform from Market Perform, stating that although he acknowledges the uncertain macro environment and growing risk to global spending growth, he still sees some compelling valuations and opportunities developing in the OFS sector. However, given his adjustments after the firm's E&P team rolled out lower oil price estimates, he cut his price target on FTS International shares to $12 from $14. :theflyonthe