PIONEER DRILLNG (PDC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of PIONEER DRILLNG (PDC) from OUTPERFORM to NEUTRAL on July 23, 2012, with a target price of $9.20.

Pioneer Drilling provides land contract drilling services to independent and major oil and gas operators drilling wells in Texas, Louisiana, Oklahoma, Kansas, the Rocky Mountain region, and internationally in Colombia.

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