Deutsche Bank picks seven top oil services stocks for 2014
Dec 31 2013, 10:32 Oil services analysts at Deutsche Bank are very positive on the sector for next year, despite pervasive fears of weakening U.S. oil prices.
Baker Hughes (BHI), Halliburton (HAL), Hercules Offshore (HERO) and Nabors Industries (NBR) are the firm's highest conviction choices and include price targets much higher than consensus; NBR's $27 target is the highest on Wall Street and would represent a 60% gain from current levels.
The firm also sees strong upside potential in Patterson-UTI Energy (PTEN), Pioneer Energy Services (PES) and Schlumberger (SLB).
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osx picks
Re: osx picks
NBR is definitely worth a hard look. I like PTEN and PDS.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group