Barclays Downgrades Oil Well Services & Equipment Stocks to Equalweight
BAS Hot Sheet
Rating Summary:8 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 25 | Down: 12 | New: 36
Barclays downgrades Basic Energy Services (NYSE: BAS), Hercules Offshore (Nasdaq: HERO), Key Energy (NYSE: KEG), Patterson-UTI (Nasdaq: PTEN), Rowan (NYSE: RDC), Superior Energy (NYSE: SPN) & TETRA Technologies (NYSE: TTI) from Overweight to Equalweight.
Barclays lowers the Price Target (PT) on BAS from $8 to $7, lowers HERO's Price Target from $6 to $2, and drops KEG's PT from $6 to $5.
Barclays also lowers the PT on PTEN from $10 to $9, RDC from $23 to $18, SPN from $26 to $20 and drops TTI's PT from $12 to $6.
Barclays lowers the Price Target (PT) on BAS from $8 to $7, lowers HERO's Price Target from $6 to $2, and drops KEG's PT from $6 to $5.
Barclays also lowers the PT on PTEN from $10 to $9, RDC from $23 to $18, SPN from $26 to $20 and drops TTI's PT from $12 to $6.
You May Also Be Interested In
- UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
- Mizuho Securities Downgrades Dell (DELL) to Neutral
- Deutsche Bank Downgrades Nasdaq OMX Group Inc. (NDAQ) to Hold; Upgrading ICE on Lowered Expectations, Higher Volumes
Create E-mail Alert Related Categories
DowngradesRelated Entities
BarclaysSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
