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Simmons Cuts Basic Energy Services (BAS) to Neutral

July 25, 2011 11:57 AM EDT
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Price: $19.99 +4.50%

Rating Summary:
    8 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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An analyst at Simmons downgraded shares of Basic Energy Services (NYSE: BAS) from Overweight to Neutral Monday morning.

The lowered investment rating follows a Q2 earnings miss on Friday morning. The stock fell nearly 6 percent to close last week's trading session.

For more ratings news on Basic Energy Services click here and for the rating history of Basic Energy Services click here.


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