Jefferies Upgrades Seventy Seven Energy To Buy

Jefferies upgraded Seventy Seven Energy Inc (NYSE: SSE) from Hold to Buy.

The price target for Seventy Seven Energy has been raised from $5.00 to $10.00.

Seventy Seven Energy shares have dropped 80.53 percent over the past 52 weeks, while the S&P 500 index has surged 12.61 percent in the same period.

Seventy Seven Energy shares rose 2.71 percent to $5.68 in pre-market trading.