Credit Suisse Upgrades Patterson-UTI Energy (PTEN) Two Notches to Outperform

October 15, 2010 10:12 AM EDT
Get Alerts PTEN Hot Sheet
Price: $27.50 -0.04%

Rating Summary:
    22 Buy, 18 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 23 | Down: 34 | New: 34
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Credit Suisse upgrades Patterson-UTI Energy (Nasdaq: PTEN) from Underperform to Outperform. PT raised to $23 from $17.

To see all the upgrades/downgrades on shares of PTEN, visit our Analyst Ratings page.

Shares of PTEN spiked at the open, hitting a new 52-wk high (range $11.85 - 19.40), but are currently trading at $18.89, up $0.39 (+2.11%).

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