RBC Capital Downgrades Patterson-UTI Energy (PTEN) to Sector Perform

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RBC Capital downgraded Patterson-UTI Energy (NASDAQ: PTEN) from Outperform to Sector Perform with a price target of $16.00 (from $24.00).

For an analyst ratings summary and ratings history on Patterson-UTI Energy click here. For more ratings news on Patterson-UTI Energy click here.

Shares of Patterson-UTI Energy closed at $13.09 yesterday, with a 52 week range of $13.02-$34.09.

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