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Analysts’ Recommendations for RES, DRQ, WFT, PTEN, and FTK

Analysts’ Recommendations for RES, DRQ, WFT, PTEN, and FTK

In this part, we’ll discuss Wall Street analysts’ targets for the OFS stocks that have provided the weakest returns YTD. Sell-side analysts expect returns from four of the five OFS companies to be positive in the next 12 months. Only two sell-side analysts track Flotek Industries (FTK), as surveyed by Reuters. Both of the analysts recommended a “buy” or some equivalent as of May 15.