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Fly News Breaks for September 10, 2018
PES
Sep 10, 2018 | 16:43 EDT
Stifel analyst Stephen Gengaro initiated Pioneer Energy with a Hold rating and a price target of $3. The analyst says the company's day rates and margins for drilling should "rise incrementally on continued growth in rig activity", but also sees some near-term headwinds from expected "pause in completion activity" for the Production Services segment.
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