Stephens Upgrades C&J Energy Services (CJES) to Equal Weight
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August 7, 2015 10:07 AM EDT
Cowen maintained a Market Perform rating on C&J Energy Services (NYSE: CJES), and cuts the price target to $10.00 (from $14.00), following its 2Q15 earnings results.
Analyst Marc Bianchi commented, "C&Js combination with Nabors C&P makes a lot of sense longer... More
August 7, 2015 9:24 AM EDT
Goldman Sachs downgraded C&J Energy Services (NYSE: CJES) from Conviction Buy to Buy with a price target of $12.00 (from $18.00). Analyst Waqar Syed noted downside risk to his bullish stance as falling crude priced hurt near-term outlook.
"Recent cut in oil price has dampened E&P interest in picking up activity in 2H2015. CJES stated that... More
August 5, 2015 4:51 PM EDT
C&J Energy Services (NYSE: CJES) reported Q2 EPS of ($0.46), $0.10 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $511.17 million versus the consensus estimate of $560.53 million.
For earnings history and earnings-related data on C&J Energy Services (CJES) click here.
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