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Superior Energy (NYSE:SPN) has been downgraded from Overweight to Equal-Weight in a statement by Morgan Stanley earlier today.

Yesterday Superior Energy (NYSE:SPN) traded -0.99% lower at $10.35. Superior Energy’s 50-day average is $9.20 and its two hundred day average is $11.40. The last close is down -12.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time. 5,486,972 shares of the stock were exchanged, up from an average trading volume of 4,301,170

Morgan Stanley has downgraded Superior Energy (NYSE:SPN) from Overweight to Equal-Weight in a report released on 6/21/2017.

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Superior Energy (NYSE:SPN)

Superior Energy has with a one year low of $7.91 and a one year high of $19.39 and has a total market value of $0.

A total of 26 brokerages have issued a ratings update on the company. 10 brokers rating the company a strong buy, eleven analysts rating the company a buy, nine brokerages rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a average stock price target of $18.65.

General Information About Superior Energy (NYSE:SPN)

Superior Energy Services, Inc. provides a range of services and products to the energy industry related to the exploration, development and production of oil and natural gas. The Company's segments include Drilling Products and Services, which rents and sells bottom hole assemblies, drill pipe, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, production and workover activities; Onshore Completion and Workover Services, which provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a range of well completion and maintenance services; Production Services, which provides intervention services, such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, and remedial pumping services, and Technical Solutions, which provides services requiring specialized engineering, manufacturing or project planning.

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