Goldman Sachs Resumes Basic Energy Services (BAS) at Sell
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Price: $0.44 --0%
Rating Summary:
7 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Rating Summary:
7 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
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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.
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.
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