By: Benzinga
December 18, 2012 at 06:44 AM EST
UPDATE: Goldman Sachs Initiates C&J Energy Services at Buy on Utilization Stabilization
Goldman Sachs initiated coverage on C&J Energy Services (NYSE: CJES ) with a Buy rating and a $26 price target. Goldman Sachs commented, "We initiate coverage of CJES with a Buy rating in the context of our attractive view on Oilfield Services, and see 29% upside to our $26
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