C&J Energy Services Inc CJ has underperformed peers by approximately 20 percent over the last six months, according to Morgan Stanley. The Analyst Morgan Stanley's Ole Slorer upgraded C&J Energy Services from Equal-weight to Overweight and raised the price target from $38 to $41 in a Tuesday note. Read moreStochastics are overbought, the upside is over. The price will break out the rising wedge soon. $CJ, C&J Energy Services, Inc. / D