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Fly News Breaks for September 28, 2018
PES
Sep 28, 2018 | 05:19 EDT
Imperial Capital analyst Jason Wangler lowered his price target for Pioneer Energy Services to $3 following the company's operations and Q3 guidance update. Softness in the current oilfield services market led Pioneer to reduce its Production Services segment guidance for Q3, Wangler tells investors in a research note. He believes this could extend for the remainder of the year and keeps an In-Line rating on the shares.
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