Key Energy (KEG) is upgraded to Outperform from Market Perform at FBR Capital, which notes a...

|About: Key Energy Services, Inc. (KEG)|By:, SA News Editor

Key Energy (KEG) is upgraded to Outperform from Market Perform at FBR Capital, which notes a tightening in the U.S. land market should drive an improvement in the utilization of KEG's U.S. assets in H2 and into 2014. The firm feels investors are under-appreciating the potential for revenue and margin growth internationally over the next several quarters.