Raymond James downgraded shares of Strad Energy Services (TSE: SDY) from an outperform rating to a market perform rating in a research note released on Friday morning. They currently have $3.30 price target on the stock, down from their previous price target of $5.00.
A number of other firms have also recently commented on SDY. Analysts at Global Hunter Securities initiated coverage on shares of Strad Energy Services in a research note to investors on Wednesday, December 12th. They set a buy rating and a $5.00 price target on the stock. Analysts at Paradigm Capital cut their price target on shares of Strad Energy Services from $6.00 to $5.50 in a research note to investors on Tuesday, December 11th. They now have a buy rating on the stock.
Strad Energy Services traded up 2.91% on Friday, hitting $3.18. Strad Energy Services has a 1-year low of $2.85 and a 1-year high of $5.70. The stock’s 50-day moving average is currently $3.54.
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