Pritchard Downgrades KEG, BRNC to Sell, HP, PDC, UDRL to Neutral
An analyst at Pritchard Capital made changes to several stocks in the Oil Well Services and Equipment sector this morning:
- Key Energy Services (NYSE: KEG) downgraded from Buy to Sell, price target reduced from $11 to $7
- Helmerich & Payne (NYSE: HP) downgraded from Buy to Neutral, price target cut from $40 to $38
- Pioneer Drilling (NYSE: PDC) downgraded from Buy to Neutral, price target down from $9 to $7.50
- Union Drilling (Nasdaq: UDRL) downgraded from Buy to Neutral, price target reduced from $8.50 to $7.50
- Bronco Drilling (Nasdaq: BRNC) downgraded from Neutral to Sell, $5.50 price target maintained
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