David Anderson

Weatherford International Plc (NYSE: WFT)'s business is left severely impaired after two decades of mismanagement, poor execution and a culture unaccustomed to accountability, a Barclays analyst said.  The Analyst Barclays analyst David Anderson downgraded shares of Weatherford from...

Barclays initiated coverage of Baker Hughes, a GE company Class A (NYSE: BHGE), with an Overweight rating and a $41 price target. The firm believes the company will be given some early leeway to justify a multiple relatively in line with Halliburton Company (NYSE: HAL) and Schlumberger...

Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) are down 13.6 percent in pre-market trading after the company dropped a bombshell that CEO David Hallal and board member Vikas Sinha are leaving the company amid an ongoing audit and finance committee investigation. The news of the departures seems to...

Barclays' David Anderson upgraded Weatherford International Plc (NYSE: WFT) with a price target of $8.00. The rating change comes after the company announced $1.1 billion in convertible debt and settled the Zubair change-order claim for $150 million. Despite low expectations for the company,...

In a new report, Barclays analyst David Anderson discussed the firm’s increasingly bearish outlook for offshore drillers. The firm has issued another aggressive round of price target cuts ahead of Q4 earnings season. “Given the dramatic decline in the oil price and continued negative...