Tetra Technologies (TTI) Gets a Buy Rating from B.Riley FBR


In a report issued on October 5, Tom Curran from B.Riley FBR reiterated a Buy rating on Tetra Technologies (NYSE: TTI), with a price target of $8. The company’s shares closed on Friday at $4.04.

According to TipRanks.com, Curran is ranked 0 out of 5 stars with an average return of -3.3% and a 47.6% success rate. Curran covers the Basic Materials sector, focusing on stocks such as Independence Contract Drilling, Select Energy Services Inc, and Baker Hughes a GE company.

Currently, the analyst consensus on Tetra Technologies is a Moderate Buy with an average price target of $6.42, a 58.9% upside from current levels. In a report issued on October 3, Piper Jaffray also maintained a Buy rating on the stock with a $5.25 price target.

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The company has a one-year high of $5.11 and a one-year low of $2.55. Currently, Tetra Technologies has an average volume of 550K.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is neutral on the stock.

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TETRA Technologies, Inc. is a geographically diversified oil and gas services company, engages in the completion of fluids and associated products and services. It operates through the following segments: Fluids, Production Testing, Compression, and Offshore.

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