KeyBanc Upgrades Patterson-UTI Energy (PTEN) to Overweight

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Credit Suisse Upgrades Oilfield Services & Equipment Sector Along With (SPN), (NBR), (PTEN), And (PDS), Downgrades (BHI)

January 4, 2017 5:56 AM EST

Credit Suisse analyst James Wichlund is upgrading the sector and select names citing seasonal and cyclical recovery trade for 2017. Wichlund actions are as follows:

Superior Energy Services (NYSE: SPN) upgraded from Neutral to Outperform, PT raised from $15 to $21.Nabors Industries (NYSE:... More