Zacks Investment Research downgraded shares of C&J ENERGY SVCS (CJES) from OUTPERFORM to NEUTRAL on February 08, 2012, with a target price of $21.00.
C&J Energy Services, Inc. is a provider of hydraulic fracturing and coiled tubing services with a focus on complex, technically demanding well completions. The Company operates in Texas, Louisiana and Oklahoma. It primarily serves large exploration and production companies with unconventional resource positions, including EOG Resources, EXCO Resources, Anadarko Petroleum, Plains Exploration, Penn Virginia, Petrohawk, El Paso, Apache and Chesapeake. C&J Energy Services, Inc. is headquartered in Houston, Texas.
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