Basic Energy Services (BAS) up 5.1% to $11.09 as Deutsche Bank upgrades it to Buy, with a target...

|About: Basic Energy Services, Inc. (BAS)|By:, SA News Editor

Basic Energy Services (BAS) up 5.1% to $11.09 as Deutsche Bank upgrades it to Buy, with a target of $18. "We continue to favor leverage to a recovery in marginal oil directed activity. With its strong market position in the oil weighted well-service/workover market, BAS is well positioned to benefit from this trend."