Raymond James upgrade...09:37 AM EST, 02/13/2018 (MT Newswires) -- The sustained poor performance of Trican Well Service (TCW.TO) has led the Street to significantly undervalue the Calgary-based company, according to Raymond James analyst Andrew Bradford, the Globe & Mail reported. "Trican's stock (as a distinct notion from the company itself) has been the worst performing among the Canadian pressure pumpers over the last week, month, 90-days, etc," he said. "Indeed, it has been the worst performing stock within our OFS coverage universe, though still somewhat better than most dry-gas-weighted producers." That valuation led Bradford to upgrade his rating for Trican to strong buy from outperform and add the company to the firm's "Canadian Analyst Current Favourites" list. Bradford expects Trican to report fourth-quarter EBITDA of $57 million, just below the consensus, when it reports financial results on Feb. 21. Bradford maintained a $8 target for Trican shares. The analyst average target is currently $6.46, according to Thomson Reuters data. TCW was up 2% in early trading to $3.40.