KEY ENERGY SVCS (KEG) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of KEY ENERGY SVCS (KEG) from UNDERPERFORM to NEUTRAL on August 22, 2012, with a target price of $9.20.

Key Energy Services, Inc. is one of the largest providers of onshore oil and gas well services in the United States and Argentina. The company generally provides a full range of maintenance and workover services to major and independent oil and gas companies in all of its operating regions. In addition to maintenance and workover services, they also provide services which include the completion of newly drilled wells, the recompletion of existing wells and the plugging and abandonment of wells at the end of their useful lives.

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