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Pritchard Downgrades KEG, BRNC to Sell, HP, PDC, UDRL to Neutral

October 2, 2009 12:04 PM EDT
KEG Hot Sheet
Rating Summary:
    12 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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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