As reported earlier, SunTrust analyst Ken Sill upgraded Superior Energy to Buy from Hold and raised his price target to $13 from $12. Sill says that while the company's U.S. completion rate has lagged that of its peers, improved pricing trends and higher customer demand will result in better completions over the next few quarters, as Superior Energy reprices fleets to higher market rates and more favorable contract terms. The analyst also notes the company's attractive valuation, saying his price target places it around the average of Superior's EV/EBITDA 2008-2015 range.