Brokerage Firm Rating Update on Tetra Technologies (TTI)

Tetra Technologies (TTI) : Zacks Investment Research ranks Tetra Technologies (TTI) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.5, which indicates as a Strong Buy.

Tetra Technologies (TTI) : Currently there are 8 street experts covering Tetra Technologies (TTI) stock. The most bullish and bearish price target for the stock is $10 and $6 respectively for the short term. The average price target of all the analysts comes to $7.95. The estimated standard deviation from the target is $1.2.


For the current week, the company shares have a recommendation consensus of Buy. Also, Morgan Stanley initiates coverage on Tetra Technologies (NYSE:TTI) The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency announces the price target to $10 per share. The rating by the firm was issued on August 11, 2016.

Tetra Technologies (NYSE:TTI): The stock opened at $6.22 and touched an intraday high of $6.3 on Wednesday. During the day, the stock corrected to an intraday low of $6.13, however, the bulls stepped in and pushed the price higher to close in the green at $6.28 with a gain of 1.29% for the day. The total traded volume for the day was 714,965. The stock had closed at $6.2 in the previous trading session.

TETRA Technologies, Inc. is an oil and gas services company. The Company is focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, compression services and equipment, and selected offshore services, including well plugging and abandonment, decommissioning and diving. The Company has a limited domestic oil and gas production business. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Companys Fluids division manufactures and markets clear brine fluids, additives, and associated products and services. The Production Testing division provides frac flowback, production well testing, offshore rig cooling and other associated services. The Compression division is a provider of compression services and equipment. The Offshore division provides downhole and subsea services, decommissioning and certain construction services.

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