Morgan Stanley Cuts C&J Energy Services (CJES) to Underweight

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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