Morgan Stanley Cuts C&J Energy Services (CJES) to Underweight
CJES Hot Sheet
Rating Summary:5 Buy, 1 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Shares of C&J Energy Services (NYSE: CJES) are dipping in afternoon trade Wednesday following a mid-day downgrade from Morgan Stanley. The stock is now down 1.6 percent to $22.51.
Morgan Stanley now rates C&J shares an Underweight, down from Equalweight previously.
For an analyst ratings summary and ratings history on C&J Energy Services click here. For more ratings news on C&J Energy Services click here.
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Morgan Stanley now rates C&J shares an Underweight, down from Equalweight previously.
For an analyst ratings summary and ratings history on C&J Energy Services click here. For more ratings news on C&J Energy Services click here.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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Eh?
Joe Rizzo on Feb 22, 2012 04:16 PMMark as Spam
"Morgan Stanley now rates C&J shares an Underweight, down from Equalweight previously."
What changed in 12 days? Besides the stock price. This downgrade has no technical backing at all. Random downgrades are random.