Goldman Sachs Resumes Basic Energy Services (BAS) at Sell

Article Stock Quotes (1) Comments (0)

Goldman Sachs resumes coverage on Basic Energy Services (NYSE: BAS) with a Sell. PT $11.00.

The firm said BAS will be weighed down by a potential margin "squeeze" of its undifferentiated assets, a weak balance, and decentralized operations that are an imperfect fit with the current environment.

For an analyst ratings summary and ratings history on Basic Energy Services click here. For more ratings news on Basic Energy Services click here.

Shares of Basic Energy Services closed at $9.85 yesterday, with a 52 week range of $9.74-$37.79.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Keryx Biopharma (KERX) Patents Strong; JPMorgan Starts at Overweight
• UPDATE: Canaccord Genuity Starts T-Mobile US, (TMUS) at Hold
• Wedbush Starts Owens Corning (OC) at Outperform

Create E-mail Alert Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?