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Jefferies Upgrades Pioneer Energy Services Corp (PES) to Buy

October 9, 2014 7:01 AM EDT
Get Alerts PES Hot Sheet
Price: $0.16 --0%

Rating Summary:
    6 Buy, 12 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Jefferies upgraded Pioneer Energy Services Corp (NYSE: PES) from Hold to Buy with a price target of $16.00.

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 Pioneer Energy Services Corp click here. For more ratings news on Pioneer Energy Services Corp click here.

Shares of Pioneer Energy Services Corp closed at $12.01 yesterday.



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