By: Benzinga
UPDATE: Jefferies Lowers PT on W&T Offshore on Updated NAV Estimate
In a report published Monday, Jefferies analyst Biju Z. Perincheril reiterated a Hold rating on W&T Offshore (NYSE: WTI ), but lowered the price target from $21.00 to $16.50. In the report, Perincheril noted, “We are updating our NAV estimate with the YE reserve report. We lower our PT to
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