Raymond James also is busy today downgrading oil services stocks, forecasting the number of...

|By:, SA News Editor

Raymond James also is busy today downgrading oil services stocks, forecasting the number of active U.S. land-based rigs to fall by 500, or ~25%, by the end of 2013. The firm cut ratings for ESV, NE, NOV, PTEN, SPN, ORIG, HERO, KEG, GGS and BAS. (earlier)