Barclays Downgrades Oil & Gas Drilling & Exploration Stocks - Part 1
Barclays downgrades Basic Energy Services (NYSE: BAS), BJ Services (NYSE: BJS), CARBO Ceramics (NYSE: CRR), Hercules Offshore (Nasdaq: HERO), Patterson-UTI Energy (Nasdaq: PTEN) & Smith Int'l (NYSE: SII) from Equalweight to Underweight.
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