Close

Wells Fargo Upgrades Precision Drilling (PDS) to Outperform; Strong Winter Followed by Upcycle

Go back to Wells Fargo Upgrades Precision Drilling (PDS) to Outperform; Strong Winter Followed by Upcycle

Jefferies Assumes Coverage on Precision Drilling (PDS) at Buy; Being the Leader in Canada

September 12, 2012 8:44 AM EDT

Jefferies assumes coverage on Precision Drilling (NYSE: PDS) with a Buy. PT $11.00.

"PDS investment thesis positives include (1) its leadership position in Canada, which afford it leading margins there and we are optimistic regarding sustained strength in this basin over time; (2) a successfully... More