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2019-03-25 10:00:11
KEG
Key Energy
$4.39
-0.41 (-8.54%)
10:00
03/25/19
03/25
10:00
03/25/19
10:00
Key Energy falls -8.1%
Key Energy is down -8.1%, or -39c to $4.40.
KEGKey Energy
$4.39
-0.41 (-8.54%)
11/19/18
PIPR
11/19/18 DOWNGRADEPIPR Neutral
Key Energy downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst John Daniel downgraded Key Energy to Neutral from Overweight.
11/20/18
PIPR
11/20/18 DOWNGRADETarget $10 PIPR Neutral
Key Energy downgraded to Neutral with $10 target at Piper Jaffray
Piper Jaffray analyst John Daniel last night downgraded Key Energy Services to Neutral from Overweight and lowered his price target for the shares to $10 from $14.50. The analyst reduced his estimates for the company following the Q3 earnings miss and "somber" Q4 commentary. Key's comments are acknowledgement of lost market share as well as soft utilization, Daniel tells investors in a research note.
12/27/18
SIMM
12/27/18 NO CHANGETarget $3.25 SIMM Neutral
Key Energy price target lowered to $3.25 from $10 at Simmons
Simmons Energy analyst John Daniel lowered his price target on Key Energy to $3.25 and kept his Neutral rating, also lowering his FY19 growth forecast to 1% from 11% and pushing back expectations of margin recovery by a year to reflect his view of a more subdued market in 2019. Daniel further warns that if oil prices remain around $45 per barrel, his estimate cuts may prove to be "too light", adding that the most "responsible strategic step for players within the well servicing sector would be the pursuit of industry consolidation" given that there is "really no hope for consequential improvement in financial returns."
01/16/19
SOCO
01/16/19 DOWNGRADESOCO Equalweight
Key Energy downgraded to Equalweight from Overweight at Capital One