Pritchard Capital is out with its daily morning intelligence report. In the report, Pritchard covers USEC Inc. USU, EnergySolutions, Inc. ES, Complete Production Services, Inc. CPX, Rowan Companies, Inc. RDC, Pride International, Inc. PDE.
In the report, Pritchard Capital initiates USU with a Neutral rating.
Pritchard is initiating ES with a Buy rating.
Pritchard is raising its estimates on CPX "to account for quicker ramp to revenue for new pressure pumping capacity."
Pritchard said RDC is the best way to play this space, especially after the Aramco award to Rowan.
Pritchard rates PDE as a top pick, and if pressured, it would be adding shares to its position.
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Posted In: Analyst ColorEarningsNewsPrice TargetInitiationContractsAnalyst RatingsCoal & Consumable FuelsEnergyEnvironmental & Facilities ServicesIndustrialsOil & Gas DrillingOil & Gas Equipment & ServicesPritchard Capital
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