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

February 22, 2012 2:52 PM EST Send to a Friend
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Price: $30.85 -0.42%

Rating Summary:
    8 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 13 | New: 52
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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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Comments

Eh?
Joe Rizzo on 2012-02-22 16:16:23
Mark as Spam | Reply to this comment

"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.


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