Piper Jaffray Companies began coverage on shares of US Well Services (NASDAQ:USWS) in a research note issued to investors on Monday, Benzinga reports. The firm issued an overweight rating and a $7.90 price target on the stock.

Shares of USWS stock opened at $7.62 on Monday. US Well Services has a 52 week low of $6.03 and a 52 week high of $11.12.

US Well Services (NASDAQ:USWS) last issued its earnings results on Wednesday, March 13th. The company reported ($0.96) EPS for the quarter. The business had revenue of $118.44 million during the quarter.

About US Well Services

U.S. Well Services, Inc operates as an oilfield service company in the United States. It provides hydraulic fracturing services for the oil and natural gas exploration and production companies. The company is headquartered in Houston, Texas.

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