Jefferies Upgrades Basic Energy Services (BAS) to Hold

Jefferies upgraded Basic Energy Services (NYSE: BAS) from Underperform to Hold with a price target of $18.00.

Analyst Brad Handler cited optimism for sustained growth in U.S. Onshore and sees buying opportunities on the pullback.

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 $18.33 yesterday.

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