Loading...
Loading...
Sterne Agee upgraded Tetra Technologies
TTI from Neutral to Buy and announced a$12.00 price target.
Sterne Agee commented, "Over the past few years, TETRA has taken steps to streamline operations and drive earnings growth and strong free cash flow. These include: 1) spinning out part of Compressco into an MLP; 2) vertically integrating the raw materials for its Fluids operations; 3) selling substantially all of Maritech; 4) working to complete the well abandonment and decommissioning work on its remaining liabilities; and 5) focusing its growth efforts on the more stale Fluids, Production Testing and Compressco segments."
Tetra Technologies closed at $8.84 on Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in